Summa subsidiary’s $260 mln claim against Magomedov brothers set for March 25
MOSCOW, February 8 (RAPSI) - The Moscow Commercial Court has set March 25 as a date for hearing a claim filed by a temporary manager of Summa Group’s subsidiary GlobalElectroService seeking to recover 17.1 billion rubles (about $260 million) from the Group owner Ziyavudin Magomedov, his brother Magomed and 14 other defendants, according to court records.
In January, the claim was put on hold until March 10. In November, the application was also left without action because of its incorrect execution.
Summa Group owner Ziyavudin Magomedov and his brother Magomed are involved in the organization of a gang, embezzlement of 2.5 billion rubles (about $38 million at the current exchange rate) from the state budget and withdrawal of some of these assets abroad, investigators claim. Magomed Magomedov is also charged with illegal weapon possession. They have been detained along with ex-CEO of Intex construction company Arthur Maksidov.
In November, their detention was extended until February. At the same time, it was discovered that Ziyavudin Magomedov and his brother had been additionally charged with stealing 300 million rubles ($4.6 million) during the construction of a highway in South Siberia in September 2014.
The defendants have pleaded not guilty to the charges.
Moreover, according to investigators, French authorities have opened a tax evasion case against ex-wife of Ziyavudin Magomedov Olga, who owns several restaurants in France. No other details have been disclosed.