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Russian Supreme Court cancels $8,5m penalty for IKEA

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Russian Supreme Court cancels $8,5m penalty for IKEA

The Supreme Court of Russia canceled penalty imposed upon IKEA group of companies amounting to over 507 million rubles ($8,5 million) in favor of a businessman Konstantin Ponomaryov, a witness in the case of the head of Hermitage Fund, William Browder, RIA Novosti reports.


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