Orlovskaya Niva owner is abducted

Orlovskaya Niva owner is abducted
Sergey Budagov

Sergey Budagov was hauled away on an off-road car Lexus.

Armed robbers attacked owner of the Orlovskaya Niva agroholding Sergey Budagov. The criminals approached the businessman driving his Lexus LX 570 and disappeared, the press service of the Investigative Committee of the region reports.

It is specified that the abduction was committed on July 10 near the horticultural partnership in Zavodskoy district of the city. Law enforcers found that the bandits brought the businessman to the Luzhkovsky cemetery. Then they changed the car and disappeared. In the abandoned Lexus, the siloviki found a resident who worked as a driver for the businessman.

The criminal case has been initiated under items (a, g), part 2 of Art. 126 of the Criminal Code (Abduction).

Earlier Budagov had told reporters that someone tried to take over his company. As the Orlovskaya Sreda newspaper wrote, a criminal case was initiated against the businessman over bribery. However, the court acquitted him in February last year.

In particular, the businessman managed to prove that his deal to buy the agricultural holding was transparent - he purchased the enterprise with debts amounting to 2 billion rubles ($32m). However, according to Budagov, the regional authorities want to return the Orlovskaya Niva’s shares, making much of very little.

According to the company's website, the Orlovskaya Niva agro-industrial complex includes a milk complex for 1.2 thousand animal units, a poultry farm, two creamery, a meat-packing plant, a bakery and other enterprises.

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