Russia Court Orders State Seizure of Agriculture Tycoon’s Empire, RBC Says

A Moscow court ordered the nationalization of billionaire Vadim Moshkovich’s stake in agricultural business Ros Agro Plc after prosecutors filed an anti-corruption lawsuit against him, according to local media outlet RBC.

The Prosecutor General’s Office argued Moshkovich had used his position as a senator in the upper chamber of Russia’s parliament to illegally enrich himself, the news service reported. Alongside Moshkovich, his spouse and other family members were defendants in the case.