MOSCOW, April 16 (RAPSI) – Crocus International of businessman Aras Agalarov’s Crocus Group has filed a lawsuit with the Moscow Commercial Court to collect over 1 billion rubles ($22 million) from the Finance Ministry and several other Russian ministries for the construction of facilities on Russky Island in the Far East, RAPSI reported from the court on Thursday.

Crocus Group claims it has not received full payment for building the 5,000-square-meter facilities of the Far Eastern Federal University in Vladivostok.

The group initiated proceedings in April 2014. The trial was suspended in August to assess its spending under the project. After the examination the case was reopened.Taking into account the audit results, Crocus Group has reduced its payment request from 1.4 billion rubles ($28 million) to approximately 1.1 billion rubles ($22 million), including 892.6 million rubles ($18 million) for the facilities it built and 199.6 million rubles ($4 million) in interest on borrowed funds. 

On Thursday, the court ruled that the Ministry for the Development of the Russian Far East be summoned as a co-plaintiff and postponed the hearing until April 30.

Crocus Group is a leading Russian developer and the general contractor for the Far Eastern Federal University project on Russky Island. Overall, it has built over 4 million square meters of buildings, including the Crocus City Mall, the international exhibition center Crocus Expo, and Crocus City Hall, a unique multifunctional music venue.