Real estate of Cherkizon market ex-owner Ismailov to be put up for auction

Real estate of Cherkizon market ex-owner Ismailov to be put up for auction
Telman Ismailov

The amount received from the sale will be divided among three leading lenders of Telman Ismailov.

Shortly, Russian real estate ex-owner of the Cherkizovsky market Telman Ismailov declared bankrupt, will be put up for auction. According to Kommersant, the lenders managed to achieve sales of 5-room (132 sq. m.) and 6-room (158 sq. m.) apartments in the historic house number 18 on Kutuzovsky Prospekt, where staff of the Central Committee, generals of the Ministry of Defense and leaders State Planning Committee of the USSR used to live. A three-storey house with a mansard (1.1 thousand square meters) and a two-storey mansion (about 500 square meters) in Aprelevka of the Naro-Fominsky district near Moscow, as well as areas under them with a total area of ​​3 thousand square meters, will be brought to the hammer. A 2-room apartment (350 sq. m.) located in the village of Zarechye, Odintsovo District, will be sold; a plot of 2.4 thousand sq. m. in the village of Skolkovo is allocated for the construction of a golf club.

Experts could not name the total market value of the property, as the condition of the property is unknown. The total amount will be divided among three main lenders of Telman Ismailov: BM Bank (former Bank of Moscow, 100% owned by VTB), the Cypriot company Sezaria Limited and Deutsche Bank, which he owed 19.2 billion rubles, 10.4 billion rubles. And 967 million, respectively. On March 9, 2017, Telman Ismailov was declared bankrupt by a decision of the Arbitrazh Court of the Moscow region.

“Shortly, we expect the sale of pledged property owned by Telman Ismailov at the auction, and we expect partial repayment of debts on relevant loans,” the press service of VTB said.

Representatives of Telman Ismailov did not comment on the actions of creditors. At the same time, they reported that a grandson of a businessman is living in one of the apartments on Kutuzov Avenue.

Recall Telman Ismailov and his brother Vagif Ismailov are hiding from the investigation in Montenegro. In November 2017, the businessman was charged with organizing two murders in Russia (part 2 of Article 105, part 3 of Article 222 of the Criminal Code of the Russian Federation), and then he was declared wanted. Also, Ismailov got a new accusation over the kidnapping of singer Avraam Russo in 2004. According to the investigation, the reason for this was the financial conflict between them.

Tags: Moscow Banks
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