Billionaire Vladimir Evtushenkov, who controls Bashneft, was placed under house arrest on Sept. 16 on suspicion of money laundering, making him the richest Russian to face criminal charges since Mikhail Khodorkovsky. A Moscow court on ordered Sistema's billionaire chairman Vladimir Yevtushenkov to remain under house arrest until Nov. 16, rejecting his appeal of the restrictions. Investigators had...

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The Kunstmuseum Bern in Switzerland said Wednesday the 7th of May 2014 that it has been named the “unrestricted and unfettered sole heir” of a German art collector.The Kunstmuseum Bern, in the Swiss capital, said it was “surprised and delighted” by the bequest., saying it was informed by Cornelius Gurlitt’s lawyer.Cornelius Gurlitt died  May 2014.  The works will officially remain the...