Orders against aviation firms

A receiver has been appointed by the High Court over shares in three Irish-registered aviation firms allegedly linked to a fugitive Russian businessman.

The orders were made in respect of shares held in trust for the benefit of Rashid M Mursekayev.

Mr Mursekayev, who has extensive interests in the aviation industry, is the subject of a criminal investigation, for alleged fraud arising out of financial difficulties at Vim Avia Airlines, which he co-owns.