The court arrested the property of the accused in the Moshkovich case worth 550 billion rubles

The court arrested the property of the defendants in the case of the founder of the Rusagro holding Vadim Moshkovich for 550 billion rubles. TASS writes about this.

According to the claim of the General Prosecutor's Office of Russia, the property was transferred to the state. Details about the property have not been released.

According to investigators, in the period from 2018 to 2021, participants in the criminal scheme, through deception, became the owners of a large agricultural holding, then brought it to bankruptcy and legalized the stolen property. At the same time, they used corrupt connections in the executive authorities of one of the Russian regions.

Moshkovich and former general director of Rusagro Maxim Basov were detained on March 26. They have been charged with fraud and abuse of power. Then it was reported that they convinced the founder of the oil and fat holding Solnechnye Produkty, Vladislav Burov, to sell them 85 percent of the shares in exchange for investment. The promised investments did not materialize, and the damage amounted to more than 30 billion rubles.