Sanctioned Russian billionaire banker Mikhail Fridman was locked out of the private-equity firm he cofounded and staff were told to ignore him, report says - Yahoo Canada

Following EU sanctions, Mikhail Fridman's assets in the company were "effectively frozen" and his shareholder rights were taken away, LetterOne said.

Russian banker Mikhail Fridman has a net worth of $10 billion.AP/Alexander Zemlianichenko

• Russian banker Mikhail Fridman stepped down from the board of the investment firm he cofounded. full article...