MOSCOW, June 4 - RAPSI. Primary owner of Miel investment and development holding company Grigory Kulikov has remained in Latvia on his business trip, Miel's representative Yulia Abashina told RIA Novosti on Friday. The Interior Ministry's main investigative directorate searched Miel's offices last Thursday.

Kulikov is expected to return from the Latvian city of Saulkrasti, where Miel is working on a development project, on June 4, Abashina said.

On Monday, Abashina said that Kulikov will stay abroad for several more days.

Kommersant newspaper has previously reported that in December 2011 one of Miel's customers filed a complaint with the Interior Ministry's Economic Security Department. He said that he had paid $1.29 million to Miel for two houses in Barvikha Village back in March 2007. However, in May 2007, the Barvikha Village company managed to obtain a $20 million loan in Rosbank on the security of land in the village which was in fact already sold.

The customer maintained that the developer had returned neither the land nor the money to its investors and said that he was looking to start criminal proceedings against Kulikov and several other top managers on charges of large-scale fraud.

Kulikov is the chairman of the board of directors at Miel. The development company was founded in October 1990. It currently deals in real estate, investment and development businesses and incorporates over a dozen of companies.

Kulikov allegedly owned over 75 percent of Miel, as reported in 2010.