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Monday, January 13, 2014

Cambodia suspends Russia tycoon extradition

January 13, 2014

PHNOM PENH, Cambodia (AP) — A Cambodian court on Monday suspended a request for the extradition of a Russian property developer wanted in his homeland for allegedly embezzling millions of dollars.

The ruling on Sergei Polonsky's fate in a closed-door hearing also saw the 41-year-old businessman released after being detained in Cambodia two months ago following a request by Moscow. It was not immediately clear whether Polonsky could still face extradition at a later date, and court officials were not available for comment.

Polonsky was expected to go on trial in Cambodia for allegedly attacking the crew of a boat after a dispute erupted during a New Year's Eve outing in 2012. Polonsky was charged in Russia last year with embezzling more than 5.7 billion rubles ($175 million) from 80 property investors.

The International Criminal Police Organization, Interpol, recently added Polonsky to its "red list" of internationally wanted criminals for "large-scale fraud."

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