Russia says U.S. conviction of Kremlin-linked businessman "politically
motivated" - RIA
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[September 16, 2023]
MOSCOW (Reuters) - Moscow has dismissed as "politically
motivated" the conviction of Russian businessman Vladislav Klyushin in a
U.S. court for participating in a $93 million insider-trading scheme,
the state news agency RIA reported on Saturday.
Klyushin, who has ties to the Kremlin, was sentenced on Sept. 7 to nine
years in prison after being found guilty in February of trading shares
using hacked secret earnings information about multiple companies. |
![](../images/091623PIX/news_w92.jpg)
Vladislav Klyushin, an owner of an information technology company with
ties to the Russian government, is seen in an undated photograph
attached to a U.S. Department of Justice filing. U.S. Dept. of
Justice/Handout via REUTERS/file photo |
Hackers from 2018 to 2020 viewed and downloaded
yet-to-be-announced earnings reports for hundreds of companies
including Tesla and Microsoft, whose shares Klyushin and others
then traded before the news was public, according to
prosecutors.
Russia's Foreign Ministry said the charges against Klyushin, the
owner of a Moscow-based information technology company called
M-13 that did work for the Russian government, were completely
far-fetched and fabricated", according to RIA.
It said he was "another victim of the fanatical Russophobia that
now reigns in the power structures overseas".
"We will continue to demand that U.S. authorities put a stop to
legal arbitrariness against Russian citizens," the ministry
said, according to RIA.
(Reporting by Reuters; Editing by Kevin Liffey)
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