Tuesday, February 26, 2013

YUKOS Defendant's Property Seizure Reversal Upheld

A Moscow City Court upheld a reversal of the seizure of the property of deceased former Yukos vice-president Vasily Aleksanyan. In two previous hearings, Moscow's Simonovsky District Court ruled that investigators had illegally seized his house and car. The City Court returned the ruling for reconsideration. The original civil case against Aleksanyan was dismissed in 2010 under the statute of limitations, and the court ruled that there were no grounds to hold the property further. Aleksanyan died in 2011. He was arrested in 2006 with other Yukos executives on charges of stealing property from Tomskneft and shares in refineries and oil-producing companies owned by the Eastern Oil Company. He spent 2.5 years in prison, but was never convicted or acquitted.

http://www.rapsinews.com/judicial_news/20130225/266524399.html

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