Home > News > World
Monday January 13, 2014 MYT 4:05:02 PM
Monday January 13, 2014 MYT 4:05:58 PM
PHNOM PENH (Reuters) - A Cambodian court freed Russian real estate tycoon Sergei Polonsky on Monday and he will not be extradited to Russia to face embezzlement charges there, his lawyer said.
Polonsky, who was once worth $1.2 billion (727.8 million pounds), is accused of fraud in a case in which authorities say 5.7 billion roubles was stolen from investors in a Moscow real estate development project.
Cambodian police re-arrested Polonsky in November last year, planning to extradite him at Moscow's request. He has since been added to Interpol's wanted list.
Polonsky's Cambodian lawyer Benson Samay said judges at closed-door decision at the Appeal Court on Monday cited the lack of an extradition treaty between Cambodia and Russia in informing their decision.
He also told reporters his client would stay in the country to fight other charges.
Polonsky was detained last year in Cambodia and released on bail in April with two other Russians after being charged with assault and illegal detention after an alleged altercation with the crew of a tourist boat.
"He won't be extradited to Russia and he will continue to help Cambodia by investing here," his lawyer told reporters. "I will help him find a wife, he is a good man."
(Reporting by Prak Chan Thul; Editing by Douglas Busvine and Elizabeth Piper)
Obama pushes for more U.S. ice-breaking might in Arctic
New EU migrant plans ready next week - Avramopoulos
Greek ship ferries hundreds more migrants to mainland
Greece's Syriza to scrap VAT on private schools if elected
Guatemalan Congress strips President Perez' immunity in graft scandal
TalentCorp turns Malaysia’s brain drain to brain gain
Artists capture the feelings of survivors on canvas
Elderly couple’s home a mini-museum of all things patriotic
Federer romps, Murray quiets Kyrgios
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)