Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Russian court extends house arrest for Kremlin critic Navalny

Published 12/19/2014, 04:48 AM
Updated 12/19/2014, 04:50 AM
© Reuters. Russian opposition leader and anti-corruption blogger Alexei Navalny sits before a court hearing in Moscow

MOSCOW (Reuters) - A Moscow court on Friday extended a term of house arrest for Kremlin critic Alexei Navalny on trial for stealing more than 30 million rubles (£317,743), charges he dismisses as part of a campaign by President Vladimir Putin to stifle dissent.

Judge Elena Korobchenko endorsed the state prosecutors' motion to extend Navalny's house arrest for another month when the current term expires on Jan. 15. Navalny smiled ironically when the decision was announced.

The brothers are accused of stealing from two firms, including an affiliate of the French cosmetics company Yves Rocher. They deny any wrongdoing.

Navalny, a Western-educated anti-corruption blogger, and his allies ridicule the case as the Kremlin's attempt to mount pressure on critics after he led mass street protests against Putin in 2011 and 2012.

© Reuters. Russian opposition leader and anti-corruption blogger Alexei Navalny sits before a court hearing in Moscow

Navalny was sentenced to five years in jail last year for embezzling 16 million rubles in another case Kremlin critics dismiss as trumped-up. His sentence was later suspended.

(Reporting by Maria Tsvetkova, writing by Gabriela Baczynska, editing by Thomas Grove)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.