Ex-head of BTA Bank arrested for 40 days

The Aix-en-Provence Court arrested Mukhtar Ablyazov, ex-head of BTA Bank (Kazakhstan) accused of financial violations worth over $6 billion, for 40 days on August 1, Interfax cites Kazakh Prosecutor General Nurdaulet Suindikov.

He is detained at Luynes. Ablyazov was caught near Cannes on July 31.