Cambodia Refuses To Extradite Russian Businessman

Russian tycoon Sergei Polonsky in Phnom Penh (file photo)

Cambodia's highest court has ruled against the extradition to Russia of prominent businessman Sergei Polonsky.

The Phnom Penh court ruled on April 25 that Polonsky -- who is wanted in Russia on charges that he embezzled more than $175 million from real-estate investors -- could not be extradited because Cambodia and Russia do not have an extradition treaty.

Russian officials say Polonsky, 41, embezzled the funds in 2008 through a company called Mirax-Build, which he controlled.
Based on reporting by AP and Interfax