Billionaire Rybolovlev files $380-million lawsuit against Sotheby’s
Sothebyʼs called the Rybolovlev’s claim “desperate.”
The former owner of Uralkali, Dmitry Rybolovlev, filed a lawsuit with the New York court against the Sothebyʼs auction house, alleging that the auction house "materially assisted the largest art fraud in history," Bloomberg reports.
Rybolovlev has been pursuing Yves Bouvier around the globe for several years, claiming the art dealer owes him more than $1 billion. Rybolovlev accused Bouvier of overcharging him on 38 artworks that he purchased for $2 billion over more than a decade. Rybolovlev offered Sothebyʼs to pay damages of 380 million dollars, as it participated in the sale and knew the real cost of the works. The representative of the businessman confirmed to TASS that the companies of the family trust filed a lawsuit against Sothebyʼs.
“Mr. Rybolovlev’s latest desperate lawsuit is entirely without merit," Sotheby’s said in a statement.
Dmitry Rybolovlev accused art dealer Yves Bouvier of fraud in April 2015. The billionaire said that Bouvier, molding the collection, deliberately overpriced to misappropriate part of the funds. Bouvier rejected all charges, saying that he reconciled all prices with Rybolovlev.
The air squadron number one in Russia ended up in the center of yet another scandal. It turned out that its special purpose aircraft are used, in addition to the national leaders, by outsiders. Uninvited passengers travel, stay in best hotels, and dine in deluxe restaurants at the budget expense. In fact, the discovery of stowaways on board is not the first scandal involving Russia Special Air Group that has been in distress for almost three years already. Why cannot the supreme FSB commanders using the official airplanes along with the Russian President sort out this mess?
Earlier, the management of the railway and the place of residence of its high-ranking employees were searched within the bribe case. Investigative actions against head of the railway Alexey Mironov were held in Moscow, where he was on a business trip.