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Home > Finance > Russia extends pre-trial detention of billionaire Moshkovich till Aug 25, lawyer says

Finance

Russia extends pre-trial detention of billionaire Moshkovich till Aug 25, lawyer says

Published by Global Banking and Finance Review

Posted on May 20, 2025

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MOSCOW (Reuters) -A Russian court on Tuesday extended the pre-trial detention of Vadim Moshkovich, the billionaire founder of Russia's top agriculture company Rusagro who faces charges of embezzlement, until August 25, his lawyer told Reuters.

Moshkovich, a member of Russia's upper house parliament between 2006 and 2014, was remanded in custody for two months in late March and has been charged with embezzling 30 billion roubles ($372.67 million). He has pleaded not guilty to the charges.

($1 = 80.5000 roubles)

(Reporting by Olga Popova; Writing by Alexander MarrowEditing by Gareth Jones)

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