Italy: businessman Andrey Smyshlyaev arrested at Russia’s request
The entrepreneur is being accused of deliberate bankruptcy.
Russian businessman Andrey Smyshlyaev has been arrested in his own villa on Lake Como in Italy, reports RIA Novosti with reference to the entrepreneur’s lawyer Maria Tirelli. Tirelli says the arrest warrant against Smyshlyaev had been issued by Ufa court for deliberate bankruptcy (article 196 of the Criminal Code of the Russian Federation). The investigation theory is that in 2015 - while being the CEO of Trek company - the businessman tied contracts for delivery of goods worth of 34.6 million rubles ($537 thousand) and then did not pay 2.85 million rubles ($44 thousand). After that, he declared the company bankrupt. Smyshlyaev’s defense team believes the case is political, as the amount of the damage is too small to detain the entrepreneur with an international arrest warrant from the authorities of the Russian Federation.
Kommersant had earlier reported that Smyshlyaev - who is also an owner of a chain of auto-tyres’ stores Taganka and radio stations Shanson-Ufa and Loveradio - had been recognized as a bankrupt upon the application of ZAO Taganka owned by his partner Sergey Gorokhov. The creditors’ claims were estimated at 2.5 billion rubles ($38.8 million). The largest creditor of Smyshlyaev’s company Russhiny-Tymen was a company Nokian shina that supplied products to Taganka.
In May, 2018, criminal cases into deliberate bankruptcy (article 196 of the Criminal Code of the Russian Federation) and swindling on an especially large scale (item 7 of article 159 of the Criminal Code of the Russian Federation) were opened against Smyshlyaev. The police reports were sent by Nokian shina Smyshlyaev owed 1.5 billion rubles ($23.2 million) to. Subsequently, the cases were brought together. In December, the businessman was condemned in absentia and placed on an international wanted list. Smyshlyaev tried to appeal against the accusation in absentia, however on March 19, 2019, Bashkiria’s Supreme court denied his claims.
Russia’s deposit insurance agency asked the court to involve an offshore company Clement Glory in a case against a fugitive banker and an ex-owner of Vneshprombank Georgy Bedzhamov. Clement Glory turned out to hold Bedzhamov’s real estate in Great Britain in pawn, reports RBC.