Samara Regional Court confirms conviction of former Togliattiazot executives
The Samara Regional Court has upheld the conviction of Togliattiazot co-owners Vladimir and Sergey Makhlai, former plant general director Yevgeny Korolev, as well as their Swiss partners Andreas Zivy and Beat Ruprecht.
Moscow court extends detention of Togliattikhimbank head for three months
The Basmanny District Court of Moscow has extended detention of the chairman of the board of Togliattikhimbank Alexander Popov until February 1, 2020.
Togliattiazot Case: Lawyers against Law
In September 2019, lawyers representing the majority owners of PJSC Togliattiazot held a round table on “Protecting the rights of entrepreneurs within corporate affairs framework” at the Russian Chamber of Commerce and Industry.
Moscow City Court upholds extension of Togliattikhimbank chief’s detention
The court has ruled to uphold extended detention of previously arrested head of Togliattikhimbank Alexander Popov, while sentencing other Togliattiazot executives to prison terms in absentia.
Moscow court extends detention of Togliattikhimbank head
A Moscow court ordered Alexander Popov, the chairman of the board of Togliattikhimbank, to be held in pre-trial detention until November 1, Mikhail Tumanov, a senior investigator of major cases under the chairman of the Investigative Committee (SK) of the Russian Federation, told RAPSI.
Former Togliattiazot executives sentenced to prison in absentia
The Komsomolsky District Court of Togliatti has found Togliattiazot co-owners Vladimir and Sergey Makhlai, ex-CEO Evgeny Korolev and their Swiss partners Andreas Zivy and Beat Ruprect guilty of large-scale fraud committed by an organized group. The court has sentenced Vladimir and Sergey Maklhai, and Andreas Zivy to 9 years in general regime penal colony each, Korolev and Ruprecht to 8.5 years each, and a fine.
Uralchem seeks to move dispute with Togliattiazot stockholders from Ireland to Russia
A jurisdiction challenge filed by the fertilizer producer Uralchem in its dispute with four Togliattiazot offshore shareholders is currently pending in the Irish High Court. Uralchem believes that the dispute is most connected to Russia and is supposed to be tried by Russian courts.
Moscow City Court upholds detention of Togliattikhimbank chairman Alexander Popov
The Moscow City Court has upheld the decision to detain chairman of Togliattikhimbank Alexander Popov for two months.
Uralchem lawyer talks to RAPSI about Togliattiazot alleged embezzlement
A criminal case against the owners of PJSC Tolyattiazot accused of large-scale embezzlement that is heard in the Komsomolsky District Court of the city of Tolyatti for more than a year and a half has received interest from specialists and mass media. This is quite natural taking into account that in the course of the proceedings more than five hundred volumes of the case were presented, more than one hundred witnesses provided their testimonies, and a story of a mysterious file was told. Alexander Nizov, the member of the Moscow City Bar Association, who acts on behalf of JSC Uralchem, talks to RAPSI about the nuances of the case.
Uralchem recognized as victim in organized criminal syndicate creation case
The Basmanny District Court of Moscow has detained JSC Togliattikhimbank’s Chairman of the Management Board Alexander Popov for two months on charges of creation of an organized crime syndicate.
Investigators prevent transfer of $122 mln outside Russia – report
Russia’s Investigative Committee has prevented transfer of nearly 7.7 billion rubles ($122 million) designated for payment of dividends for Togliattiazot’s ex-CEO Sergei Makhlai and other defendants in large scale fraud criminal case.
Ameropa puts political pressure on Russia during Togliattiazot probe
Andreas Zivy, the Swiss owner of Ameropa AG, declared his intention to litigate against the Russian government for alleged loss of Ameropa’s investment in Togliattiazot. RAPSI publishes several opinions of Russian media on the subject.
Elusive price
The shortcomings of pricing regulations are giving rise to litigation and threatening businesses with billions in losses.
Russian court seizes Togliattiazot shares from Ameropa Holding AG chairman
A court in Moscow ruled to seize shares held by Maxim company co-owned by Swiss businessman Andreas Zivy in Russia’s largest ammonia producer, Togliattiazot.
Moscow court issues arrest warrant for Swiss businessman in Togliattiazot case
Moscow's Basmanny District Court has issued a warrant for the arrest of businessman Beat Ruprecht who faces embezzlement charges in Togliattiazot case.
Moscow court issues arrest warrant for chairman at Togliattiazot Makhlay
Moscow's Basmanny District Court has issued a warrant for the arrest of Vladimir Makhlay, chairman at Togliattiazot, in a $550 million embezzlement case.
Moscow court issues arrest warrant for chairman of Ameropa Holding AG
Moscow's Basmanny District Court has issued a warrant for the arrest of Andreas Zivy, president of the board of Switzerland-based Ameropa Holding AG, who is suspected of being invloved in a case of fraud at Togliattiazot.
Sergey Makhlay: “I view Mazepin’s words as a real threat”
Sergey Makhlay, who chairs the Board of Directors of Togliattiazot, one of the largest world producers of ammonia, does not take the risk of returning to Russia as yet because of the threats made against him. In his interview for Izvestiya newspaper he stated that he viewed the words of Dmitry Mazepin, the owner of a rival holding Uralchem and a minority shareholder of his enterprise, as a real threat of criminal prosecution.