Brazilian Court Accuses Berezovsky of Money Laundering, Orders His Arrest

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Saturday, September 1, 2007
Author: 
Bruce Zagaris
Volume: 
23
Issue: 
9
Abstract: 

On July 12, 2007, Brazilian Judge Fausta Martin de Sanctis, of the Sixth Federal Court in São Paul, ordered the arrest of Russian tycoon Boris Berezvosky and several of his associates for money laundering in connection with the Corinthian Paulista Sport Club, the latest legal setback for the increasingly embattled Berezovsky.  The court also issued an order freezing the Corinthian club’s accounts by virtue of its agreement with the investment fund of Media Soccer Investments (MSI).