MOSCOW, August 30 (RAPSI) – Three companies have filed applications with the Moscow Commercial Court seeking to include a debt of founder of one of the largest federal chains of real estate agencies in Russia MIEL Group, Grigoriy Kulikov, who stands charged with multi-million embezzlement, amounted to 400 million rubles ($6 million) on the list of creditors' claims, according to court records.
The Asphalt Blues company seeks for 164 million rubles ($2.5 million); M2M Private Bank demands 122.4 million rubles ($1.8 million) from Kulikov; the North Park company asks to include Kulikov’s debt valued at 115.2 million rubles ($1.7 million) on the list.
In mid-June, the Moscow Commercial Court declared Kulikov bankrupt.
Bankruptcy procedure has been initiated against Kulikov as an individual entrepreneur. Later all assets belonging to the businessman must be sold out and the raised funds should be returned to creditors.
In early June, Kulikov was arrested in Latvia by request of the Russian General Prosecutor’s Office. He faces extradition to Russia.
Russian investigators allege that Kulikov is responsible for large scale embezzlement of funds from the investors of elite settlement “Barvikha-Village”. The cost of the settlement, according to MIEL Group, is estimated at 4.17 billion rubles ($64.4 million). Main investigative Directorate of Moscow police charged Kulikov in absentia. Later Kulikov was arrested in absentia.
According to Vedomosti newspaper, Kulikov is charged with embezzling over 85 million rubles ($1.3 million) from several people and legal entities in 2007-2008. In November 2014, Kulikov was put on the Federal wanted list; in September 2015, he was put on the Interpol international wanted list.