Investigative Committee searched O1 Properties
The siloviki continue to investigate the case against employees of the sports society Dynamo.
The Investigative Committee conducts searches at the central office of O1 Properties. The events are held as part of the investigation of the case against employees of the Dynamo sports society. This is reported by Vedomosti with reference to its source.
The interlocutor of the edition said that in 2005 the Moscow Government, IHO VFSO Dynamo and Vodniy Stadion Sport Invest CJSC signed an investment contract. The sports society received 6.2 hectares of land and a building with an area of 4000 sq.m., where the Vodniy Stadion Sports invest built Olympia Park business center and the Dynamo Palace of Sports. The company was to receive a 13% stake in the project, but as a result received 902 million rubles ($15.6m), i.e. 85 million less than promised.
Recall, yesterday in the same case, searches were conducted in the main office of the PIK company.
Olympia Park is a project of Horus Capital, which belongs to the head of the PIK, former senator Sergey Gordeev. In 2010, he sold Horus Capital to O1 Properties. Then Olympia Park was sold to Kaspersky Lab for $350 million.
O1 Properties owns more than 15 business centers throughout Moscow with a total area of 743000 sq. m. Among them there are White Square, Vivaldi Plaza, Ducat III, Silver City, etc. Their market value exceeds $4.34 billion. The structure is part of the O1 Group, whose chairman is Boris Mintz. Chair of the Board of O1 Properties is occupied by his son Dmitry Mintz.
State companies should report on assets, which they own in Russia through foreign subsidiaries - such directive was sent to them by the government. The authorities want to understand how widespread is this practice.
Zaryadye Park opened recently in the center of Moscow has replaced a demolished hotel and became a new tourism landmark of the Russian capital. It has also caused the destruction of historical architecture, enormous expenses, and acts of vandalism among its visitors.