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Prosecutor demands 10 years for businessman Mikhalchenko in alcohol trafficking case

18:14 19/12/2018

MOSCOW, December 19 (RAPSI) – A prosecutor has asked the Basmanny District Court of Moscow to sentence CEO of Forum Holding Company Dmitry Mikhalchenko, who stands charged with alcohol trafficking, to 10 years in high-security prison, the court’s spokesperson Yunona Tsareva has told RAPSI.

Additionally, the prosecutor seeks a 1.5-million-ruble fine as a punishment for the businessman, she has said.

The court was also asked to sentence other defendants Boris Korevsky and Alexey Mishchenko to 9 and 7 years in prison respectively.

Mikhalchenko, CEO of Forum Holding Company, was arrested and detained in late March 2016. Investigators believe that he has organized trafficking of alcoholic products from countries of the European Union. Allegedly, in 2015, the products were bought in European shops, collected in the port of Hamburg and then smuggled into Russia. The caused damage is estimated at more than 61 million rubles ($1 million).

Forum Holding Company established in 2011 is one of the largest multibusiness companies in Saint-Petersburg.

The company has united several dozens of the city’s enterprises and organizations. Forum Holding consists of industrial enterprises, such as "Spinning Mill named after S.M. Kirov", the oldest textile industry enterprise in Russia, "Izmeron" factory, one of technological leaders of Russia’s downhole equipment market, according to the company’s website.

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Prosecutor demands 10 years for businessman Mikhalchenko in alcohol trafficking case

18:14 19/12/2018 A prosecutor has asked the Basmanny District Court of Moscow to sentence CEO of Forum Holding Company Dmitry Mikhalchenko, who stands charged with alcohol trafficking, to 10 years in high-security prison.
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