Armenian Prime Minister Nikol Pashinyan has said Yerevan does not rule out taking its dispute with Russia over the management of the South Caucasus Railway to an international court if the issue cannot be resolved through negotiations. At the same time, he stressed that the Armenian authorities hope to settle the matter through talks.
The Moscow City Court has upheld the decision of the Nikulinsky District Court to confiscate the assets of Vladimir Kayshev, the former chairman of the Karachay-Cherkessia government.
Key assets have been transferred to state ownership, including a dairy plant in Pyatigorsk, a company managing a local racetrack, the agricultural firm "Selo im. G.V. Kayshev," as well as real estate and vehicles in Stavropol Krai and the Moscow region.
Vladimir Kayshev, who is currently in pretrial detention, is accused of a number of crimes. These include the illegal acquisition of land, the theft of 142 million rubles in natural gas, extortion of a share in a mineral water bottling company worth 1.1 billion rubles, and the embezzlement of budget funds through the supply of counterfeit dairy products.