Russian Court Finds Rusagro Stake Must Be Handed to the State, Interfax ...
The court also ordered 14 billion rubles ($187 million) seized from his bank accounts and cash found in police searches.
8 Articles
8 Articles
Moscow Court Orders State Seizure of Stake in Farming Giant Rusagro
A judge in Moscow ruled Tuesday that Vadim Moshkovich, the billionaire founder of the agriculture giant Rusagro, must transfer his stake in the company to the state as he stands trial.
More than half of Rusgro's shares in a lawsuit against the founder of the company, former Senator Vadim Masković and other co-defendants reported to the State by Interfax on 5 May.
Russia Court Orders State Seizure of Agriculture Tycoon’s Empire, RBC Says
A Moscow court ordered the nationalization of billionaire Vadim Moshkovich’s stake in agricultural business Ros Agro Plc after prosecutors filed an anti-corruption lawsuit against him, according to local media outlet RBC.
One of the largest agro-industrial groups in the Russian Federation, “Rusagro”, has come under state control after the Khamovniki Court in Moscow accepted the anti-corruption lawsuit filed by the Prosecutor General’s Office against the founder of the holding, Vadim Moshkovich, and some members of his family. The court ordered the transfer to the state of a controlling stake of over […]
On Tuesday, the Hamovny Court of Moscow granted the request to transfer to the State more than half of the shares of the Rusagro Group in a lawsuit against the founder of the company, the former senator of the Belgorod region, Vadim Mošković, the ex-head of the company, Maxim Basov, and other co-defendants. 100 per cent of the shares of Rusgro were arrested by court order.
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