Thursday, May 14, 2015

World Jewish Congress VP Adamovsky guilty of £22m fraud

Jewish Chronicle    A court has found that Andrey Adamovsky, vice president of the World Jewish Congress, defrauded former business partners to the tune of $34.7 million (£22.3m).

A civil court judge handed down the verdict last October, but Mr Adamovsky, who was found to have illicitly deprived two co-owners of his Oledo Petroleum company of their 45 per cent share of its sale, has not yet paid them back. [...]

Mr Kenney, a Canadian lawyer who specialises in prosecuting large-scale fraudsters, said it was “unconscionable” that a proven thief could still represent the WJC. 

He said: “It’s shocking to me that a reputable organisation like the WJC would make such an appointment.”

A WJC representative said: "Mr. Adamovsky is a member of the WJC Executive by virtue of having been being elected co-chairman of the Vaad of Ukraine, which under the WJC Constitution automatically makes him an ex-officio member of the WJC Executive Committee. Mr Adamovsky’s civil litigation over a commercial dispute is totally unrelated to the World Jewish Congress or the Jewish community of Ukraine. It began and ended well before he became a member of the WJC Executive Committee in March 2015.[...]

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