Investigators came to the searches in the “BCS-Company” in the case of fraud with shares of “Mechel” – Look

In the framework of a criminal investigation in the offices of “Company-BCS” conduct searches in the case of the manipulation of the shares of “Mechel”, as well as the relationship of the company with the Cypriot companies, according to Russia’s Investigative Committee.

«Today, as part of a criminal investigation in the offices of” Company-BCS “searches are conducted for the purpose of removal of the primary documentation for transactions with the shares of” Mechel “, as well as relations with Cyprus companies. Currently, the complex of investigations aimed at establishing all the circumstances of the offense and the detention of the persons involved in its commission “, – reported on the website of the Russian IC.

Searches are held in the framework of a criminal investigation on the grounds of an offense under Part. 2 tbsp. 185.3 of the Criminal Code (market manipulation).

According to investigators, in November 2013, the result of unidentified persons commit the transaction for the sale of ordinary shares of OAO “Mechel” for the benefit of Cypriot Investment Firms. As a result of these transactions, the price of the ordinary shares of OAO “Mechel” substantially deviated by more than 30% of the level that would have been formed without conducting such transactions.

Later, the same person committed the opposite of the acquisition of shares at less than the original, with the result that the excess revenue received in excess of 350 million. Rubles. The investigation found that the main role in the drop in prices of shares of “Mechel” has played one of the professional securities market participants “Company-BCS”.

The company said that during the searches in the BCS investigators seize documents related to the company’s clients. BCS itself does not buy and sell the shares of “Mechel”, RIA “Novosti” a company statement.

In early March, “Mechel” at an extraordinary meeting of shareholders, which imposed a deal with major creditors, failed to gain the necessary quorum and obtain the approval of the minority shareholders to restructure the debt.

In October, the Moscow Arbitration Court took the production of two of the Savings Bank of the claim to a member of the “Mechel” of the coal company “Southern Kuzbass” at $ 445 million and 3.3 billion rubles.

Recall, July 20, it became known about the recovery of the Savings Bank of 6.76 billion rubles, “Mechel” and his “daughters.” The intention to adjust the claims of Sberbank said in the court on July 16 – but without specifying the total amount of

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