Russia Starts Criminal Case Against Mirax Group, Kommersant Says
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Russia started a criminal case against Mirax Group managers for allegedly stealing 3.2 billion rubles ($103 million) during construction of a housing complex, Kommersant reported, citing the Russian police press service.
Mirax, which started building what was to be Europe’s tallest skyscraper before the global financial crisis in 2008, was dissolved in 2011 after defaulting on $442 million of debt.