A Swiss court has decided to continue investigating the case Russian oligarch Dmitry Rybolovlev has been pursuing against a Swiss art dealer who charged him obscene markups on 38 works of art and this way allegedly defrauded him of US$1.1billion over a period of 11 years.

After a Monaco court definitively dismissed charges against Swiss businessman and art dealer Yves Bouvier, whom Russian Billionaire Dimitry Rybolovlev accused of defrauding him out of nearly US$1 billion, the plaintiff’s lawyers said on Thursday that they will continue pursuing the case in Switzerland.

Lawyers representing a Swiss art dealer announced on Thursday that fraud and money laundering charges initiated against their client in Monaco by a Russian oligarch were dismissed.