27 Dec 2019 12:03

Moscow City Court keeps Magomedov brothers in detention for another 3 months

MOSCOW. Dec 27 (Interfax) - The Moscow City Court has prolonged the arrest of owner of Summa Group Ziyavudin Magomedov, his brother Magomed, and Artur Maksidov, former director of the company Intex, which is incorporated in the holding, who are charged in a case involving a criminal community and large-scale embezzlement.

"The court has granted the investigator's motion for the prolongation of the detention of the Magomedovs and Maksidov until March 30, 2020," the court told Interfax on Thursday.

The brothers are charged with setting up a criminal group, massive embezzlements, and misuse of funds. Magomed Magomedov is also accused of illegal acquisition and possession of firearms.

The investigative actions in the case concluded in late August and the businessmen and their lawyers were allowed access to the case files.

The final version of the criminal case deals with nine counts of theft amounting in aggregate to 11 billion rubles; in particular, these include the creation of an artificial plot of land in the Krestovsky Island neighborhood in St. Petersburg, the preparation of a plot of land for building the Baltika Stadium in Kaliningrad, the delivery of power generation equipment to the Vasileostrovskaya substation in St. Petersburg and the Neryungri Thermal Power Plant, the reconstruction of the Khrabrovo Airport in Kaliningrad, and others.

Along with the Magomedov brothers, the defendants in the case also include Artur Maksidov, former director of the Intex company incorporated in Summa Group, former CEO of the United Grain Company Sergei Polyakov, former chief of the United Grain Company's economic security department Roman Gribanov, CEO of the Energia-M company Yury Petrov, and others. All of these people are charged with belonging to an organized criminal community and theft.

In all, there are 16 suspects in the case, six of whom are on the international wanted list.

The Magomedov brothers deny the charges. Ziyavudin described his criminal case as a "symbiosis of lies and absurdity."