A Russian businessman has filed a $600 million lawsuit against Russia's second largest bank, VTB, with London’s High Court, a newspaper reported Monday.
Russia’s Vedomosti business daily quoted a source as saying
Konstantin Malofeyev, head of Marshall Capital, was claiming $600
million in lost earnings from an injunction previously imposed on a
Rostelecom stake as part of a lawsuit by VTB. The injunction prevented
Malofeyev from participating in the formation of the Garsdale telecom
holding led by tycoon Alisher Usmanov.
