All news

Moscow court confirms verdict to former Yukos executive

Antonio Valdes-Garcia was convicted and sentenced to an eight-year prison term for illegal appropriation of 13 billion dollars

MOSCOW, November 16 (Itar-Tass) — Moscow City Court on Wednesday has ruled legitimate a verdict earlier passed to former Yukos executive Antonio Valdes-Garcia in his absence. Antonio Valdes- Garcia was convicted and sentenced to an eight-year prison term for illegal appropriation of 13 billion dollars.

Thus, the Moscow city court turned down an appeal filed by the defendant’s lawyers who insisted that the verdict should be repealed as illegal and unsubstantiated. The court hearings were held in Antonio Valdes-Garcia’s absence because he is a subject of Spain and lives abroad. The Spanish authorities refused to extradite him to Russia.