Support The Moscow Times!

Soviet-Born Israeli Businessman Arrested, Reports Say

Soviet-born Israeli businessman Arkady Gaydamak has been arrested in Switzerland, Israel's Channel Two reported Monday evening.

The channel reported that Gaydamak was in Switzerland to deal with an ongoing arbitration case and has been detained for several days in response to an arrest warrant from Luxembourg.

"The detention may be linked with the much talked about Angolagate case about illegal weapon deliveries [to Angola] and corruption charges against Gaydamak," the channel said.

The Jerusalem Post newspaper gave slightly different information, claiming Gaydamak had been arrested in Luxembourg.

Luxembourg news website PaperJam suggested Gaydamak's arrest may be linked to the sale of a phosphate factory in Kazakhstan.

(RIA Novosti)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.