City AM backer disappears in mysterious circumstances

The Russian millionaire behind London free newspaper City AM has disappeared while on holiday in Latvia, the Telegraph reports.

Police have begun searching for Leonid Rozhetskin, a member of the City AM board, after they found blood stains and broken furniture in his holiday home.

Rozhetskin is a shareholder in the Dutch consortium that owns 50 per cent of the financial freesheet.

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