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Moscow City Court approves extremist designation of businessman Alexander Galitsky and his firm Almaz Capital Partners, orders confiscation of 8 billion rubles in assets, state news agency TASS reports.

Moscow City Court has approved the decision to designate the association of businessman Alexander Galitsky and the corporation Almaz Capital Partners as extremist, and also approved the confiscation of Galitsky's property worth 8 billion rubles into state revenue.

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