MOSCOW, January 18 (RAPSI) – The Moscow Commercial Court has granted a motion of the Jewelry House Yashma’s creditors, suspending Alexander Gladkov as a temporary manager of the company, the court’s ruling reads on Thursday.
The court noted that Gladkov concealed information on the company’s property from the creditors. He also did not hold inventory and evaluation of over 67,000 jewelry items, which had a negative impact on formation of the bankruptcy estate. Valery Yakimov was appointed as a new temporary manager.
In November of 2017, the court granted a motion to initiate the procedure of debt restructuring against the co-owner of Yashma group Igor Mavlyanov, who was found bankrupt in February of the same year.
Yashma group’s companies are involved in the wholesale distribution of jewelry, precious stones and metals, custom jewelry and other similar products. On May 25, 2016, the Moscow Commercial Court found the Jewelry House Yashma company bankrupt on request of Friso trading Inc. Creditors of the company include Sberbank and Otkrytie bank.
On December 19 of the same year, investigators launched a tax evasion case against head management of one of Yashma group’s companies.