Russian Billionaire Roustam Tariko

Russian Billionaire Roustam Tariko

Simon Dawson/Bloomberg

Russian billionaire Roustam Tariko, owner of the Russian Standard vodka brand and CEDC’s largest shareholder, is “no longer obligated to complete the pending strategic alliance” after CEDC restated financial results on Oct. 6, he said in a letter published by CEDC on Nov. 13.