MOSCOW, January 16 (RAPSI) – The Commercial Court of Russia’s Sakha Republic has granted two claims of the Yakut Fuel and Energy Company demanding to recover about 180 million rubles (about $3 million) from its parent company Summa Group, according to court records.
Currently, the republican court is also considering a bankruptcy petition filed by the local firm King-95 against the Yakut Fuel and Energy Company. Another bankruptcy claim lodged by the Russian Agricultural Bank against the fuel company will be heard later.
Moreover, Russia’s Sberbank has filed two applications seeking to collect over 4.1 billion rubles ($61.5 million) in debt from the Yakut Fuel and Energy Company.
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.