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Bailiffs arrest Berezovsky’s property

July 26, 2013, 14:23 UTC+3

Russia’s bailiffs arrested Boris Berezovsky’s property in Russian Federation, worth not yet evaluated

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Head of the Federal Bailiff Service Artur Parfenchikov told reporters on Friday that Russia’s bailiffs arrested Boris Berezovsky’s property located on the territory of the Russian Federation. The Service has not identified what property was arrested or its worth, adding that "legally he is not the owner; according to the paperwork he was a beneficiary and had incorporeal hereditament rights." Representatives of the Bailiff service also stated that since initiating enforcement proceeding in 2008, 300 million rubles of debt have been recovered. 

“We are still processing five out of eight warrants; Berezovsky’s total debt is 3.2 billion roubles. There are four more joint debtors besides him,” Parfenchikov said. He addedthat  the service had not received official notifications regarding Boris Berezovsky’s death.

It was previously reported that the fugitive oligarch owed 100 million pounds (151 million U.S. dollars) to Her Majesty's Revenue and Customs (HMRC). According to media reports, Grant Thornton, which was entrusted to audit Berezovsky’s assets, told the court that the assets the later Russian businessman left after his death are not enough to pay off his debts.

Previously Thames Valley police announced that investigation into the death of Boris Berezovsky will likely continue no sooner than January of 2014.

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