Russia Billionaire Deripaska Praises UK Courts After Dodging Jail Sentence
- Deripaska says ruling shows independence amid ‘current frenzy’
- Deripaska and Chernukhin have been in long-running legal fight
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Russian billionaire Oleg Deripaska praised the fairness of London’s courts after he fended off an attempt by a former business partner to have him jailed in the UK.
Deripaska was accused by Vladimir Chernukhin of deliberately putting shares in his holding company out of reach by transferring them back to Russia. But Judge Mark Pelling said Wednesday that Chernukhin had failed to prove that the transfer was a contempt of court.