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Ex-deputy CEO of Transaero airline was illegally paid $150k – Russian Supreme Court

10:55 09/01/2020

MOSCOW, January 9 (RAPSI) – The Supreme Court of Russia has upheld lower courts’ rulings to recover 9.5 million rubles (about $150,000) from ex-deputy CEO of Transaero Maria Akchurina in favor of the air carrier, according to court records.

The court has held that the applicant’s arguments do not have sufficient grounds for consideration of her appeal by the Judicial Chamber on Economic Disputes.

In July 2019, a court invalidated an additional agreement to a labor contract between the airline’s insolvency practitioner Alexey Belokopyt, the air carrier and Akchurina as well as orders on monthly extra payments. In October 2019, the Commercial Court of North-Western District upheld it.

Transaero found itself unable to pay its debts valued at 250 billion rubles (about $4 billion) in 2015. The government-approved plan of transferring 75% of company’s shares to Aeroflot failed. Its problems resulted in mass flight cancels and delays.

In October 2015, Sberbank and Alfa Bank filed bankruptcy petitions against the troubled airline. The Commercial Court of St. Petersburg and Leningrad Region initiated bankruptcy procedure against Transaero on December 16.

The Commercial Court of St. Petersburg and Leningrad Region declared Transaero air carrier bankrupt in September 2017. 

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Ex-deputy CEO of Transaero airline was illegally paid $150k – Russian Supreme Court

10:55 09/01/2020 The Supreme Court of Russia has upheld lower courts’ rulings to recover 9.5 million rubles (about $150,000) from ex-deputy CEO of Transaero Maria Akchurina in favor of the air carrier.
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