Bilalovs brothers criminal case closed
The reason for the termination of the case called rehabilitation: after the initiation of proceedings merchants lost their business, did not oppose to the Russian authorities and the last 3 years have stayed quietly in London.
The MIA closed criminal cases against businessmen brothers Akhmed and Magomed Bilalovs, suspected of embezzlement of budget funds. This was reported by the Dozhd TV channel, citing two sources, close to defendants in the case of the state corporation Resorts of the North Caucasus.
As the source, close to the MID MIA in Moscow reported, the termination of Bilalovs criminal cases associated with rehabilitation: formally, brothers have completed all the necessary rehabilitation requirements - after opening the case merchants parted with business, did not oppose to the Russian authorities and quietly stayed in London past three years.
Difficulties with the law of entrepreneurs emerged in February 2013 in connection with the sensational story of Olympic facilities in Sochi, some of which are erected by Ahmed Bilalov (cost of objects increased by 8 times). Then the President Vladimir Putin criticized Ahmed Bilalov for the failure of important for the country development.
Video: Putin criticized Bilalov's work in Sochi
Thereafter, Bilalovs brothers ejected all their posts and left Russia. Until 2013, Ahmed Bilalov served as the Vice-President of the Olympic Committee and the Chairman of JSCo Resorts of the North Caucasus Board of Directors and his younger brother, Magomed Bilalov, was the shareholder in JSC Krasnaya Polyana.
Ahmed Bilalov was suspected of embezzlement of budget funds. According to investigators, in 2012 he spent 3 million rubles from the statutory fund of the state corporation Resorts of the North Caucasus for personal purposes - to pay a rental car and accommodation in London.
According to the source of Dozhd, the decision to close the criminal case against Magomed Bilalov was made back in December 2015. Investigators suspected Bilalov that he, being the co-owner of the Krasnaya Polyana (the developer of the Olympic mountain resort Mountain Carousel), caused damage to its main creditor - Sberbank. Namely, according to investigators, Magomed Bilalov deposited Sberbank 1 billion rubles in his National Business Development Bank under 4-7%. Moreover, the merchant simultaneously concluded loan agreements with controlled by him companies on unfavorable conditions.
According to the source of Dozhd, the decision on whether Bilalovs brothers return to Russia, will be accepted only when they determine what and under what conditions they will be able to do.
“People see them walking in the market. But we do not approach them and do not make a selfie with them. We do not care who they are,” said a representative of the city authorities about Putin’s relatives.