Kazakh tycoon Ablyazov to stay in French jail

Kazakh oligarch Mukhtar Ablyazov was denied release on bail from a French jail on Thursday.

Kazakh tycoon Ablyazov to stay in French jail

World Bulletin / News Desk

Kazakh oligarch Mukhtar Ablyazov, accused of embezzling up to $6 billion from his former bank BTA, was denied release on bail from a French jail on Thursday as he awaits a decision on whether he will be extradited.

Ablyazov, 50, has been in custody at the Aix-Luynes jail in southern France since July when he was arrested on the French Riviera after a request from Ukraine, which has demanded his extradition, as has Russia.

An appeals court in Aix-en-Provence determined that the former banker, who claims the case against him is politically motivated, should not be released for his own safety, his lawyer Bruno Rebstock told Reuters.

Güncelleme Tarihi: 22 Ağustos 2013, 15:41
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