MOSCOW, November 27 (RAPSI) – Russia’s Sberbank has filed two applications seeking to collect over 4.1 billion rubles ($61.5 million) in debt from the Yakut Fuel and Energy Company, a subsidiary of the troubled Summa Group, according to the commercial courts’ database.
On January 15, the Commercial Court of the Sakha Republic will hear the bank’s claim to recover 2.7 billion rubles from the company. Another 1.4-billion-ruble demand will be considered by the Moscow Commercial Court on February 1.
Moreover, the Commercial Court of Sakha has scheduled a bankruptcy petition against the Yakut Fuel and Energy Company for January 9. The application has been filed by the Yakut company King-95.
Summa Group owner Ziyavudin Magomedov and his brother Magomed are involved in the organization of a gang, embezzlement of 2.5 billion rubles (about $38 million at the current exchange rate) from the state budget and withdrawal of some of these assets abroad, investigators claim. Magomed Magomedov is also charged with illegal weapon possession. They have been detained along with ex-CEO of Intex construction company Arthur Maksidov.
In November, their detention was extended until February 2019. At the same time, it was discovered that Ziyavudin Magomedov and his brother had been additionally charged with stealing 300 million rubles ($4.6 million) during the construction of a highway in South Siberia in September 2014.
The defendants have pleaded not guilty to the charges.
Moreover, according to investigators, French authorities have opened a tax evasion case against ex-wife of Ziyavudin Magomedov Olga, who owns several restaurants in France. No other details have been disclosed.