Aslan Gagiyev's associate sentenced to 6 years for stealing $4m
Among other things, Nail Malyutin gave Dzhako 30 million rubles.
The Simonovsky District Court of Moscow sentenced Nail Malyutin, ex-head of the Finansovaya Lizingovaya Kompaniya (Financial Leasing Company – FLC), accused of embezzling 253 million rubles (~4.121 million USD) allocated for the purchase of aircrafts to six year in a general regime colony and a fine of 950,000 rubles (~15.500 USD).
Malyutin was found guilty of embezzling on a particularly large scale (part 4 of Art. 159 of the Russian Criminal Code).
According to the investigation, in August 2007, Malyutin’s company entered into an agreement with the company called FLK-komplekt which was supposed to purchase 25 Il-114 aircrafts for FLC for 290 million rubles (~4.724 million USD). However, as investigators found out, this deal was a cover for the withdrawal of funds: FLK-komplekt transferred 30 million rubles (~488.000 USD) to kingpin Aslan Gagiyev, nicknamed Dzhako who bought a large land plot in the Ryazan Region, then sold it to FLK-komplekt for 253 million rubles.
Later, Dzhako transferred this money to Malyutin's personal account, allegedly as payment for a loan previously taken from him, and the latter, in turn, sent money to Spain, where the money was used to buy an estate in the Spanish Palma de Mallorca.
Malyutin himself does not admit his guilt. According to him, he received money from Aslan Gagiyev under a loan agreement, and the aircraft purchase contract was signed by his deputy Viktor Drachev.