LONDON - Sergei Pugachev, a Russian tycoon once dubbed "the cashier to the Kremlin", failed in a bid on Friday to overturn a British court order which froze $2 billion (1.27 billion pounds) of his assets in a case linked to the insolvency of Russian bank Mezhprombank.
Russia's War Against Ukraine
Reuters: Russian tycoon Pugachev loses UK asset freeze appeal
Russian magnate Sergei Pugachev (L), who controls the Luxadvor group, owner of France's top names in fine foods, Hediard company arrives with French star Catherine Deneuve (C) and Prince Albert of Monaco for the inauguartion of a new Hediard shop in Monaco on May 11, 2010.
