Former senator Magomedov calls his brother's business “terribly unsuccessful”

Former senator Magomedov calls his brother's business “terribly unsuccessful”
Magomed Magomedov

The co-owner of the Summa group of companies considers the charge against him for participation in the organized crime group unfair.

Ex-member of the Federation Council Magomed Magomedov testified in the Moscow City Court, where a complaint about his arrest was considered. The co-owner of the Summa group of companies claims that he is unfairly accused of playing one of the main roles in the hierarchy of a certain criminal community.

Magomedov insists that he did not communicate with his brother Ziyavudin Magomedov from the end of 2014, “either by phone or by correspondence.” At the same time, he noted that they met in 2016 when the process of Magomed Magomedov's withdrawal from the Summa’s construction block was launched. As a result, according to the ex-senator, the only common asset with his brother was the Novorossiysk Commercial Sea Port. “And we were supposed to discuss the details of its sale,” Magomed Magomedov added.

At that, the former politician said that the construction business, from which he came out, was “terribly unsuccessful.”

“We did not part with him because he was taking something out of there, but because I did not like his way out of these problems. He always threw money in there, I thought that this topic should be closed,” Magomed Magomedov said.

It is to be recalled that the brothers Ziyavudin and Magomed Magomedov were detained on March 31, after which they were taken into custody by a court order. The investigation charges them with establishing of a criminal group, fraud and embezzlement.

Total damage, according to the Investigative Committee’s estimates, is 2.5 billion rubles (~4 million USD). On Monday, April 16, the court extended the custody term of Ziyavudin and Magomed Magomedov. Until May 30, they will be in held a pre-trial restriction center.

Another person involved in the case is Artur Maksidov, head of the company Intex, which is part of Summa. By the decision of the Moscow City Court, he is still in custody.



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