Fugitive Kazakhstani oligarch Mukhtar Ablyazov should be extradited to Russia or Ukraine to face charges of fraud and embezzlement, a French court ruled on January 9, effectively rejecting his argument that long-standing corruption charges are politically motivated.
The ruling deals a major blow to the flamboyant former banker. The court dismissed arguments from Ablyazov’s lawyers that sending him to Russia or Ukraine (both close allies of Kazakhstan) would endanger him and expose him to onward extradition to Kazakhstan, where they believe he would not face a fair trial.
The court ruled that Russia should be given priority for extradition over Ukraine, ITAR-TASS news agency reported. (Kazakhstan has also lodged an extradition bid for Ablyazov but has no extradition treaty with France.) Ablyazov’s lawyer immediately said he would appeal the ruling.
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