Support The Moscow Times!

Russia Says Businesswoman Sentenced in Kuwait Is ‘Safe’ After Embezzlement Verdict

Maria Lazareva Personal Archive

A Russian businesswoman appears to be safe after Kuwait handed her a long jail term for embezzlement, the Kommersant business daily has reported.

Reports said Monday that a Kuwaiti court had sentenced investment executive Marsha Lazareva to 15 years in prison for money laundering. A U.S. law firm leading the international effort to secure Lazareva’s release decried her conviction as an “egregious human rights violation.”

Lazareva was “in a safe place” and did not attend her sentencing Monday, Kommersant cited the head of Moscow’s chamber of commerce and a member of her U.S.-based legal support group as saying.

She may be inside the Russian Embassy in Kuwait City, Kuwait’s al-Qabas daily cited unnamed sources as saying Monday.

“We’re doing everything possible to protect the rights of Russian citizens,” the Russian Foreign Ministry told Kommersant when asked to confirm Lazareva’s location in the embassy Tuesday.

Lazareva was initially sentenced to 10 years hard labor in 2018 for misusing Kuwait’s public funds invested into its port fund, then released on bail a year later. 

Monday’s court verdict obtained by Russian media orders Lazareva and a Kuwaiti co-defendant to return $9.4 million. 

Lazareva’s attorneys and supporters plan to appeal her conviction and seek U.S. and UN support in an effort to secure her release, the U.S. law firm Crowell & Moring said in a press release.

Russian President Vladimir Putin was said to be closely monitoring Lazareva’s case and Foreign Minister Sergei Lavrov had raised it during his March visit to Kuwait, Kommersant reported earlier this year.

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more