Moscow Commercial Court puts $260 mln claim against Magomedov brothers on hold
MOSCOW, January 14 (RAPSI) – A claim by a temporary manager of GlobalElectroService company, a subsidiary of the troubled Summa Group, demanding to collect 17.1 billion rubles (about $260 million) from the Group owner Ziyavudin Magomedov his brother Magomed and 14 other individuals and companies, has been put on hold until March 10, according to the Moscow Commercial Court’s records.
In November, the application was also left without action because of its incorrect execution.
For this once, the court held that the claimant did not fully eliminate the drawbacks.
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. 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.