Gaydamak seeking to give up Israeli, take on Russian citizenship
By JPOST.COM STAFF
Russian-Israeli billionaire Arkadai Gaydamak has lodged an application to reclaim his Russian citizenship, his attorney told Army Radio on Thursday morning.
Gaydamak was forced to give up the citizenship when he made aliya to Israel in the 1970s, as Russian law does not permit dual-citizenship.
The attorney said Gaydamak will surrender his Israeli citizenship if Russia's Interior Ministry grants his request.
As there is no legal agreement between Paris and Moscow, France will not be able to proceed with the arms-trafficking lawsuit that it is currently pressing against the billionaire if the request is approved.
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