FSB initiates criminal case against senior executives of Bosov’s company

FSB initiates criminal case against senior executives of Bosov’s company
Dmitry Bosov Photo: TASS

There are no defendants in the case, so far.

Krasnoyarsk directorate of the Federal Security Service initiated a criminal case against unidentified parties from amongst senior executives of Arctic mining company which is a part of a structure of VostokUgol Group owned by Dmitry Bosov and Aleksander Isaev.

The Security Service became interested in illegal extraction and sale of coal that had been arranged by senior executives of the company, reports RBC with reference to a source familiar with the investigation and a source within the Ministry of Natural Resources and Environment of the Russian Federation.

Representative of VostokUgol refused to comment upon the matter. Meanwhile, unknown source states the case has been initiated due to illegal entrepreneurship activities (article 171 of Russia’s Criminal Code).

This information has also appeared on Nezagyr Telegram channel. The channel posted photos of the order on institution of criminal proceedings on April 8, as well as the record of interrogation of CEO of Arctic mining company Vadim Bugaev that took place on April 17.

Arctic mining company has license for geological exploration at the Malaya Lemberova River in the Taymyr Peninsula from December 19, 2014. In December, 2016, the company found Malolemberovskoye deposit there. In 2017, it received its first development license. After that, prosecutor's investigation was carried out. It was determined that coal mining was illegal there. The damage to the earth's depths was estimated at 2.1 billion rubles ($329 million). Arctic mining company did not agree with the decision and brought the case to court. According to the database of Moscow’s arbitration court, the Federal Security Service was drawn to the conflict between Arctic mining company and Russia’s RosPrirodNadzor environmental watchdog. Last year, the court rejected the company’s claim.

RosPrirodNadzor leveled down demands to Arctic mining company to 954 million rubles ($14.9 million). However, in March, 2018, Bugaev offered RosPrirodNadzor to settle amicably by lowering the fine to 429.1 million rubles ($6.7 million). The reply of RosPrirodNadzor is unknown.

In spite of the court proceedings, in March, 2017, the co-owner of VostokUgol Bosov reported about the plans to produce at least 30 million tons of Arctic Carbon - antracite coal - annually. Then he estimated thet total volume of resources in the Taymyr Peninsula at more than 10 billions tons.

Mining is fulfillment of order by the President Vladimir Putin. He set a goal to increase the turnover in the Northern Sea Route from 17 million up to 80 million tons by 2024.

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