Charges brought against Summa Group owners
MOSCOW, May 11 (RAPSI, Kirill Ryabchikov) – Charges have been brought against Summa Group owners Ziyavudin Magomedov and Magomed Magomedov as part of a 2.5-billion-ruble embezzlement case ($43.5 million), the Interior Ministry’s spokesperson Irina Volk has told RAPSI.
Ziyavudin Magomedov has been charged with large scale embezzlement and organization of a criminal gang, his brother Magomed has been charged with illegal purchase, delivery, sale, storage, transportation or bearing of weapons, components and ammunition, she said.
Ex-CEO of Intex construction company Arthur Maksidov has been also charged with embezzlement and organization of a criminal gang, Volk added.
On March 31, the defendants were detained for two months as suspects in embezzlement and organizing a criminal group. In early April, Moscow’s Tverskoy District Court seized monetary assets belonging to the brothers.
According to investigators, the businessmen are involved in the organization of a gang, embezzlement of 2.5 billion rubles ($43.5 million) from the state budget and withdrawal of some of these assets abroad. Two more defendants in the case, who allegedly fled to the United Arab Emirates, were arrested in absentia and put on the international wanted list.