Popular News From Popular Sites: U.S. sanctions prevent Russian tycoon from using his jet: Itar-Tass

Sunday, August 3, 2014

U.S. sanctions prevent Russian tycoon from using his jet: Itar-Tass

A businessman and associate of Vladimir Putin said he cannot use his luxury jet because of U.S. sanctions over the crisis in Ukraine, a Russian news agency reported. Gennady Timchenko, a major shareholder in Russia's No.2 gas producer Novatek, told Itar-Tass that Gulfstream Aerospace Corp. had withdrawn technical support for his jet. His comments indicated that the G650 jet, which Itar-Tass said was worth $64.5 million, had been grounded in Moscow. "Sanctions are coming out in the quaintest of ways," Timchenko said in the interview with Itar-Tass. Read More http://ift.tt/1tJmHJ4

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