The court arrested the shares of “Bashneft” – Russian Newspaper

The court arrested the shares of "Bashneft" – Russian Newspaper

On Thursday October 9 assigned to the arbitration court of the city of Moscow Prosecutor General’s lawsuit and Rosmuschestva to AFK “System” and its subsidiary “Sistema-Invest” Solicitation of shares “Bashneft” in favor of the state. This was reported on the Court’s website.

The fact that the shares of the oil company to return to the state, on Friday morning said the prosecutor’s office of the Russian Federation. “Moscow Arbitration Court granted the application of the Prosecutor General, the interim measure and the arrest of the shares of” Bashneft “, owned by AFK” System “and ZAO” Sistema-Invest “- said an official representative of the supervisory authority Marina Gridneva. According to her in the course of the prosecutor’s investigation revealed significant violations of the law of the alienation of the energy companies in the Republic of Bashkortostan. Going to court, added the representative of the Prosecutor General, due to the fact that “the order named property complexes produced in violation of the procedure for the privatization of state property, against the will of the Russian Federation.”

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Recall that in April 2014, the Investigative Committee opened a criminal case on the illegal sale of “Bashneft.” Within the framework of this investigation were arrested shares of oil companies owned by AFK “System”. In the criminal charges brought against the former head of “Bashneft” (son of the ex-president of Bashkortostan) Ural Rakhimov, businessman Levon Hayrapetyan and Chairman of the Board of Directors of AFK “Sistema”, one of the richest businessmen of Russia Vladimir Yevtushenko. Hayrapetyan currently detained Rakhimov charges are filed in absentia, he was put on the international wanted list. Yevtushenko is under house arrest, the Moscow City Court on Thursday refused to change the measure of restraint for softer.

Vladimir Evtushenko already charged. AFK “System” has acquired the assets in 2005 and 2009 from entities controlled by Ural Rakhimov, and established on the basis of “Bashneft” vertically integrated oil company. According to investigators, the shares were purchased in 2009 lowered price. Yevtushenko refuses to admit guilt. Among the “System” called accusations Evtushenkova unfounded and promised to use all legal remedies to resolve the situation.

It should be noted that the shares of AFK “System” and “Bashneft” on Friday morning fell at the opening of trading on the ” Moscow stock exchange “by 6-14% on the news of the lawsuit of the Prosecutor General. In the first minutes of trading ordinary shares of “The System” fell by 14% – to 18.5 rubles per share, ordinary shares of “Bashneft” lost 9%, dropping to 1,208 rubles apiece, “prefecture” “Bashneft” fell to 888.8 rubles apiece. However, the panic in the Russian stock market quickly subsided, and after an hour of trading, the MICEX index went into a plus.