Russia filed a lawsuit against oligarch Andrey Melnichenko, who is worth $13 billion.
The state is looking to seize Sibeco amid Putin's call for Russian tycoons to invest at home.
Authorities have filed a lawsuit against Andrey Melnichenko, an oligarch now based in the United Arab Emirates, the Financial Times reported on Sunday.
The ninth richest person in Russia, Melnichenko — who has been sanctioned by the European Union and the US — is worth $13 billion as of Monday, according to Bloomberg Billionaire's Index.
In March 2022, Melnichenko — whose mother is Ukrainian — told Reuters in an interview that Russia's invasion of Ukraine was "truly tragic."
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