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France arrests Russian tycoon Kuzmichev in tax, sanctions probe

French police have arrested Russian billionaire Alexei Kuzmichev, one of the co-founders of the Alfa Group who is targeted by EU sanctions, on suspicion of tax fraud and violating sanctions, sources close to the case said.The French probe is spearheaded by the judiciary's anti-corruption unit, which is investigating the businessman notably for dissimulation of tax fraud and violating international sanctions, the sources said.

France arrests Russian tycoon in tax, sanctions probe

French police have arrested Russian billionaire Alexei Kuzmichev, one of the co-founders of the Alfa Group and who is targeted by EU sanctions, on suspicion of tax fraud and violating sanctions, sources close to the case said.Kuzmichev has launched an appeal to get the EU sanctions against him lifted, a source close to the case said.

New package of EU sanctions against Russia to be presented next week

The draft of the European Union's twelfth package of sanctions against Russia will be announced to member states next week. Source: This was reported by Rikard Jozwiak, Radio Liberty journalist, European Pravda writes Details: As Jozwiak wrote, the proposal for the 12th round of EU sanctions against Russia "will come next week.

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