New Assets Found in Berezovsky Estate

As I have previously discussed, the estate of BorisBerezovsky is quite complicated.  The estate has become even more complicated after 9 billion rubles worth ofSerbian assets have been discovered and seized by Russian prosecutors.

Boris Berezovsky was onceone of the richest men in Russia, but his fortune began to decline followingasset freezes by Russian authorities. Russian courts sentenced him to multiple-year prison terms afterconvicting him on embezzlement and fraud charges.  Berezovsky apparently committed suicide inhis London home earlier this March.

An executor of his will hasyet to be named after five potential executors have refused to take anyresponsibility.  Some believedBerezovsky’s estate may have been insolvent, however, the discovery of thesubstantial Serbian assets would suggest otherwise.

See IvanNechepurenko, Uncertainty Hangs OverBerezovsky Estate as New Assets Found, The Moscow Times, Aug. 21, 2013.