Ural Invest

Tag: Ural Invest

Russian investigators release Ural Invest accounts in Bashneft case

Russia’s Investigative Committee has unfrozen the accounts of Ural Invest, a company owned by former Bashneft owner Ural Rakhimov, that were previously seized within the criminal case on the alleged theft of Bashneft stock.

14:12 06.07.2015

Ural Invest to pay $781 mln to Sistema in amicable agreement

Ural Invest, a company owned by former Bashneft owner Ural Rakhimov, and AFK Sistema have reached an out of court settlement, under which Ural Invest will transfer all its monetary assets (47 billion rubles, or $781 million) to Sistema.

14:32 19.03.2015

Ural Invest appeals against seizure of assets

Ural-Invest, a company linked to Ural Rakhimov, which had been ordered by a Moscow court to pay AFK Sistema 70.7 billion rubles (over $1 billion) filed an appeal against seizure of assets.

17:31 11.03.2015

Ural Invest’s motion to release assets dismissed

The Moscow Commercial Court has denied a motion from Ural Invest, a company under former Bashneft CEO Ural Rakhimov, to partially unfreeze assets – blocked upon a motion from Sistema – to allow the company to settle accounts with its partners and pay its employees.

13:29 05.03.2015