MOSCOW, November 23 (RAPSI) – The Moscow City Court has upheld a lower court’s ruling to extend detention of Summa Group owner Ziyavudin Magomedov and his brother, the company’s co-owner Magomed Magomedov, who are charged with organizing a criminal gang and embezzlement, until February 5, RAPSI has learnt in the court’s press service.
An appeal against extended detention of another defendant in the case, ex-CEO of Intex construction company Arthur Maksidov, has been dismissed as well.
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 Maksidov.
In November, their detention was extended until February 2019. 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.