MIA increases amount of damage in Magomedov brothers’ case to $165 million
Co-owner of Summa group and his brother have been additionally charged of two instances of swindling.
The investigation has delivered the final accusation to a co-owner of Summa group Ziyavudin Magomedov and his brother Magomed Magomedov. The brothers were additionally charged of two instances of swindling. Thus, the damage reached 11 billion rubles ($165 million), reports TASS with reference to a source within law enforcement.
“The damage in the case is now more than 11 billion rubles instead of 2.5 billion rubles. They had earlier been accused of four instances of swindling; now, they are accused of nine. Besides that, the Magomedovs are accused of creation of a criminal community,” the source of the agency reported.
The source of TASS reported that on August 20, the Investigative Department of MIA will announce about the termination of the investigative activities to the brothers. After that, the accused and their defense team will start getting familiar with the case file. There are more than 100 volumes in the case.
Ziyavudin Magomedov and his brother Magomed Magomedov, as well as a head of a construction company Inteks (which is a part of Summa group) Artur Maksidov are accused of creation of a criminal community. The brothers were also accused of theft of 2.5 billion rubles ($37.5 million), and Maksidov - almost 669 million rubles ($10 million). In March, 2018, Moscow’s Tverskoy court arrested the brothers.
September 10 is the day when State Duma deputies return from summer vacation to the building on Okhotny Ryad. Among them is the hero of our previous investigation, the ‘Steel King of the South of Russia,’ Ivan Ivanovich Demchenko. The owner of the Abinsky Electrometallurgical Plant, which withdraws the profits of companies under its control to the accounts of foreign offshore companies, will once again start working as part of the Duma committee on regulations – it is an unchallenging job, necessary for parliamentary immunity of the deputy and his vast business, which brings billions of rubles annually.