When the heads of the Rusmicrofinance group of companies, Yevgeny Abolonin and Roman Bukhtoyarov, were put on the federal wanted list, the real owner of the company was under attack. According to reports, we are talking about Joseph Bakaleinik.
He is known for his near-criminal past, as well as his work at Renova. In addition, it was Joseph Bakaleinik who represented the interests of Viktor Vekselberg in Skolkovo.
The grocer is named as the owner of Fairway Investments Overseas Ltd, which later became Earl Management Ltd. Mikhailina Zinonos, as well as Joseph Bakaleinik, became the head of this company. The Cypriot company did not just issue loans, it fully participated in the business of microfinance companies, to which many questions arose. However, the Bakaleinik himself has not had any questions yet.
MONEY WENT TO THE “CLIP”
The activities of Joseph Bakaleinik became known at the end of 2020. through the Cypriot company Earl Management Ltd, he participated in the business of microfinance companies Home Money, Brio Finance and the Rusmicrofinance group of companies. However, in 2015, a foreign firm ran into difficulties, and Bakaleinik had to become an independent director of Home Money. However, in the end, it was not possible to correct the situation, since the court did not recognize that Earl Management Ltd provided loans to microfinance organizations. Thus, the Cypriot company lost the opportunity to recover the money allegedly invested in them. According to rumors, already having serious losses, Joseph Bakaleinik joined the Rusmicrofinance group in 2017. But already in 2018, the Central Bank excluded Rusmicrofinance from the state register of microfinance organizations.
During the audit, it turned out that the companies of the group attracted investments from individuals at rates that exceeded the average market values. Companies violated economic regulations and provided false reporting data. However, the most important thing is that funds were withdrawn from Rusmicrofinance.