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US court won't reconsider Ukraine ex-leader ruling
Published in Saudi Press Agency on 07 - 02 - 2007


A U.S. appeals court said
on Wednesday that it would not reconsider its dismissal of a
lawsuit seeking the return of $2.5 million in assets the U.S.
government seized from a bank owned in part by former Ukrainian
Prime Minister Pavlo Lazarenko, according to Reuters.
In September last year a U.S. District Court judge in San
Francisco sentenced Lazarenko to nine years in prison on
extortion and money laundering charges, fined him $10 million
and ordered him to forfeit $26 million plus interest from his
bank accounts linked to the case.
The liquidators of an offshore bank in Antigua partially
owned by Lazarenko and an associate appealed to the U.S. 9th
Circuit Court of Appeals, saying they owned $2.5 million in
funds and bonds seized from the bank by the U.S. government.
"The full court has been advised of Liquidators' petition
for rehearing en banc and no judge of the court has requested a
vote on it," Richard Tallman wrote for a three-judge panel that
included former U.S. Supreme Court Justice Sandra Day
O'Connor.
"The petitions are denied, and no further petitions for
rehearing may be filed."
The three-judge panel ruled in November that the
liquidators lacked standing to bring their court challenge
pending the conclusion of other legal proceedings in the
Lazarenko case.


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