Russian Prosecutors File Claim Against Billionaire Melnichenko

Aug. 20, 2023, 8:20 AM UTC

Russian prosecutors filed a lawsuit against sanctioned billionaire Andrey Melnichenko, as President Vladimir Putin increases pressure on wealthy Russians to repatriate their assets from abroad.

The claim against Melnichenko, founder of Russia’s biggest steam coal miner Suek JSK and fertilizer maker EuroChem Group AG, was filed on Aug. 17 in the Siberian city of Krasnoyarsk. It targets Melnichenko, Suek and two other companies, according to the filing on the court’s website, which didn’t provide further details.

Following Putin’s invasion of Ukraine and sanctions that have hit the economy, the Russian president has slammed industrialists and other rich ...

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