Russian Tycoon Detained in France in Laundering, Sanctions Probe
- Prosecutors cite money laundering, tax evasion investigation
- Alfa Group’s Kuzmichev was sanctioned by US, EU over Ukraine
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Russian billionaire Alexey Kuzmichev was detained for questioning in France on Monday in connection with alleged tax evasion and money laundering, as well as international sanctions violations, according to the French financial prosecutors’ office.
Searches were carried out in several locations — including at his Paris home and in the Var region on the Cote d’Azur — as part of a preliminary investigation, it said, confirming a report in Le Monde newspaper.