Russian oligarch Mikhail Fridman arrested in London on money-laundering charges

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By Ben Aris in Berlin Sanctioned Russian oligarch Mikhail Fridman was arrested on suspicion of “numerous offences” at his multi-million-pound London home on December 3 but immediately released on bail. Fridman grew to prominence in the 1990s after his Alfa Group made him a billionaire. After getting his start as a window cleaner in the aftermath of the collapse of the Soviet Union he went on to found a business empire that includes Alfa Bank, the highly successful X5 retail and supermarket group and numerous other businesses. His most successful investment of all was as a leading member of a c…

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