Billionaire Putin ally will have another chance to see business rival jailed

Billionaire Putin ally will have another chance to see business rival jailed
Billionaire Putin ally will have another chance to see business rival jailed
Billionaire Putin ally will have another chance to see business rival jailed for 'court order breach' after Appeal judges rule legal action was more than just 'revenge' amid long-running feud over ownership of Moscow factory Vladimir Chernukhin was involved in a legal battle with Oleg Deripaska In 2017 he received an award of around 95 million US dollars from Mr Deripaska In June 2020, Mr Justice Andrew Baker dismissed Mr Chernukhin's application to commit Mr Deripaska to prison for contempt of court But three Court of Appeal judges overturned this decision in a ruling on Tuesday 

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A Vladimir Putin ally's bid to jail a rival Russian oligarch for allegedly breaching a court order must return to the High Court, the Court of Appeal has ruled.

Oleg Deripaska has been involved in a long-running legal battle with Vladimir Chernukhin, a Russian former deputy finance minister in the early 2000s, over the ownership of an 'extremely valuable' site in central Moscow.

Mr Deripaska has been the subject of US sanctions and was cited in a US senate intelligence Committee report for his close links to the Russian state and Russian intelligence services - though he has always denied wrongdoing. 

In July 2017, Mr Chernukhin received an award of around $95million (£71million) from Mr Deripaska, leading to an asset freezing order of £87.5 million in 2018.

However, Mr Chernukhin previously claimed Mr Deripaska deliberately put millions of his shares in aluminium and power giant EN+ Group 'beyond the reach' of the English courts.

At a hearing last year, the former minister claimed Mr Deripaska arranged for EN+ to be 'redomiciled' from Jersey to Russia in breach of an undertaking to the court to preserve his EN+ shares, which were then said to be

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