Kirstin Ridley: Matthias Galante Ablyazov

Matthias Galante Ablyazov: LONDON/CANNES, France - Mukhtar Ablyazov, a Kazakh businessman accused of embezzling $6 billion from his former bank, BTA, has been arrested on the French Riviera, two sources said on Wednesday, according to Reuters. Ablyazov, 50, denies allegations he says are designed to rob him and eliminate him as a rival to Kazakh President Nursultan Nazarbayev and By Kirstin Ridley and Matthias Galante Ablyazov was arrested in the village of Mouans-Sartoux about 8 km 5 miles north of Cannes in southern France, a police source said. A court hearing has been scheduled for 10:30 a.m. 0430 EDT Thursday, added a second source, who could not confirm the hearing's location. (www.immigrantscanada.com). As reported in the news.