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Bailiffs seize Nicholas II monument in Siberia

12:38 30/04/2013

KRASNOYARSK, April 30 (RAPSI) - Bailiffs have seized a bust of Emperor Nicholas II in the village of Shushenskoye, which had been put up there by a bankrupt local vodka producer, Natalia Fomina, a spokesperson for the regional department of the Federal Bailiff Service told RIA Novosti on Monday.

The Krasnoyarsk Commercial Court is currently hearing a bankruptcy case initiated by Sberbank after Shushenskaya Marka, one of the leading vodka producers in the Krasnoyarsk Territory, failed to repay its loans.

According to the bank, it lent the company around 600 million rubles ($19.4 million) in 2009-2012 and they have not been repaid. The court issued a warrant to arrest the distillerys property following the bank's previous lawsuit.

"Bailiffs have arrested the company's assets worth 167.139 million rubles, including the Nicholas II bust on the distillery's grounds," Fomina said.

The monument to Russia's last emperor, sculpted by Konstantin Zinich, was unveiled in Shushenskoye in December 2010.

The 500 kg bronze bust was cast in the Urals, while the granite for the plinth was brought in from the neighboring region of Khakassia. The artist used historical images of the emperor to make an accurate portrayal. The initiative came from the distillerys director, Viktor Ivanov.

Shushenskaya Marka is located in the south of the Krasnoyarsk Territory. The distillery has been operating since 1971 and is one of the leading local alcohol producers. In 2011, the company accounted for around 4.5 million liters of strong alcohol of 12.4 million liters produced in the region. In 2012 the company rolled off 3 million liters (of 10.5 million) before halting production at the end of the year.

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Bailiffs seize Nicholas II monument in Siberia

12:38 30/04/2013 Bailiffs have seized a bust of Emperor Nicholas II in the village of Shushenskoye, which had been put up there by a bankrupt local vodka producer.
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