Russian woman jailed in Kuwait has sentence extended to 22 years, ordered to pay $72m fine

neil-bush-to-news-max

Russian woman jailed in Kuwait has sentence extended to 22 years, ordered to pay $72m fine

Arabian Business Global
Jan. 22, 2020

Russian businesswoman Marsha Lazareva has been sentenced to 7 years hard labour in prison in Kuwait and ordered to pay a fine of 22 million Kuwait dinars ($72.4 million), after being convicted of embezzlement, bringing her total jail term to 22 years.

Lazareva was originally arrested in November 2017 and sentenced to ten years imprisonment in May 2018, after being found guilty of charges of embezzlement. She was jailed for over 470 days before being released on a bail of 12 million dinars ($39.42 million) on June 13, following a high profile campaign that disputes the evidence.

The conviction was successfully appealed on May 5 when it was discovered the documents used as evidence against her were proven to be forgeries and the funds of nearly half a billion dollars she was accused of embezzling were actually frozen in a Dubai bank.

On Tuesday, her UK-based legal team reported she had been accused of wrongfully billing the Kuwait Port Authority (KPA) for consultancy work she never performed.

The conviction, which took place in late December and which Lazareva was not present, as her legal team had not been informed of the hearing, resulted in her being sentenced to seven years hard labour in jail.

Read the full story in Arabian Business.