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Russian Tycoon Indicted in Corruption Case in Monaco, Released - Reports

PARIS (Sputnik) - The justice bodies of the Principality of Monaco filed charges on Wednesday against Russian billionaire Dmitry Rybolovlev in a corruption case, the Monaco Matin newspaper reported.
Sputnik

It was not immediately clear under which article of the criminal code Rybolovlev was charged. The businessman was released from custody but remains under judicial control.

The Monaco prosecutor confirmed to Sputnik that Rybolovlev had been charged, without specifying the article. She added that the police were continuing the probe into the Russian billionaire's activities.

READ MORE: EU Fails To Fix 'Outrageous' Monaco Loophole Which Helps Super-Rich Avoid Tax

Russian Tycoon Rybolovlev May Be Released from Monacan Custody Wed-Thu - Source
On Tuesday, Le Monde newspaper reported that Rybolovlev, a Russian businessman and president of Monaco football club, had been detained in the morning at the request of Monaco's authorities. Monacan prosecutors indicted Rybolovlev for "corruption" and "trade in influence," as well as complicity in these crimes, the newspaper said.

Rybolovlev's lawyers, in their turn, called for the businessman's presumption of innocence to be respected.

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