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.
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