Russian Court Drops Case Against Billionaire Melnichenko
- Case was dropped after reaching settlement, Suek unit says
- Company’s affiliate will fund charity as part of the agreement
Andrey Melnichenko
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
A Russian court dropped a case against sanctioned billionaire Andrey Melnichenko and the companies linked to him after an agreement was reached with prosecutors.
The case, which targeted Melnichenko, the company he founded Suek JSC, and two other companies, was closed on Friday, according to information on the website of the court in the Siberian city of Krasnoyarsk.