MOSCOW, September 10 (RAPSI) – The Moscow Commercial Court has granted a claim filed by the largest regional power generating company in Russia Mosenergo seeking to add the debt of Global Electro Service, a subsidiary of Summa Group, worth over 276 million rubles (over $4 million) to the creditors’ list, according to court records.
Earlier, the Federal Grid Company of Unified Energy System lodged to applications with the court demanding to include the debt of the company worth over 2 billion rubles (over $30.5 million) to the creditors’ demands register.
Last December, the court included Global Electro Service’s debts to the Deposit Insurance agency (2.6 billion rubles, or $40 million), VTB (430 million rubles, or $6.5 million) and Russian Credit Bank (596 million rubles, or $9 million) in the list of creditors’ claims.
A monitoring procedure was introduced in Global Electro Service in the summer of 2018 on the request of NT-Com Engineering 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.
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.