MOSCOW, November 1 (RAPSI) – Temporary manager of the Mostovik construction firm has filed a lawsuit with the Omsk Regional Commercial Court seeking to recover 72 billion rubles (about $1.25 billion) from ex-CEO of the company Oleg Shishov, the court’s ruling reads on Wednesday.

The manager Mikhail Kotov seeks to bring Shishov to subsidiary liability for the company’s obligations.

In February 2015, the court installed temporary administration in Mostovik with its debt to creditors reaching as high as 57.4 billion rubles (about $1 billion). On June 2 of the same year, the company was declared bankrupt. The firm was developing and constructing sport objects for the 2014 Olympic Games in Sochi.

Shishov was convicted and sentenced to 4 years in prison for evading 500 million rubles of taxes ($7.8 million) in September 2016. He pleaded guilty and requested his case to be reviewed under a special procedure envisaging no examination of evidence.

According to investigators, between 2009 and 2011, Shishov forged financial documents and tax declarations of Mostovik, falsely reporting completion of construction works in Vladivostok and other cities by outside contractors.

Investigators claimed that these contractors had not done any works and the projects were completed by employees of Mostovik itself. As a result, investigators said that Shishov evaded paying over 478 million rubles ($7.4 mln) in taxes.

Additionally, investigators alleged that Shishov embezzled 526 million rubles ($8.2 mln) received as advance payment for construction of the Omsk ring road.

In March 2017, Shishov was released from a penal colony on parole.