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The Independent UK

World

Guy Faulconbridge

What is behind Putin’s arrest of Russian billionaire Vadim Moshkovich

Russia Ukraine Belgorod Moscow RBC Sputnik

Vadim Moshkovich - (Reuters)

Russian prosecutors asked a judge on Thursday to put billionaire Vadim Moshkovich, founder of the country's top agriculture company Rusagro, in pre-trial detention on suspicion of large-scale fraud.

Moshkovich, 57, Russia's 55th richest businessman, according to Forbes, and ex-CEO of Rusagro Maxim Basov were detained and police raided several Rusagro offices.

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