Monday, February 7, 2011

Hotel project gone wrong, Russian billionaire flees to the U.S.

A wealthy Russian businessman has fled to the U.S. after receiving death threats when he launched a lawsuit against a close friend of Prime Minister Vladimir Putin.

Ashot Egiazaryan, 45, said he was considering seeking asylum after accusing some of Russia's most influential people of swindling him in a real estate deal in Moscow.

He claims he was subjected to groundless police raids, personal smears and anonymous death threats for two years as he struggled to hold on to his $2billion stake in the Moskva hotel project.

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