US EditionExplainer-Konstantin Strukov, the Russian Gold Billionaire Facing ...
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Explainer-Konstantin Strukov, the Russian gold billionaire facing Russian asset seizure
MOSCOW - Russian prosecutors are seeking to seize billionaire Konstantin Strukov's majority stake in major gold producer Uzhuralzoloto (UGC) for the state. Read more at straitstimes.com.
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Kremlin Blocks Departure of Gold Tycoon as State Moves to Seize Mining Empire
Russian authorities blocked billionaire Konstantin Strukov from leaving the country Saturday as the government escalated efforts to nationalize his gold mining company and investigate alleged corruption. Strukov, 66, was preparing to fly from Chelyabinsk to Turkey aboard his $50 million Bombardier Global 6000 when aviation officials canceled the flight, citing the jet’s “arrested” status, according to Kommersant. Photos circulating on social me…
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