Prosecutor’s “pill” for Gaisin
As the correspondent reports, the Prosecutor General’s Office of Russia, represented by Deputy Prosecutor General Igor Tkachev, filed a lawsuit in the Yekaterinburg court against businessman Malik Gaisin and structures controlled by him. The department asks to recover shares of the pharmaceutical company Uralbiopharm OJSC and Vyatich Bank, as well as Gaisin’s shares in Vagran LLC and Aktai-M LLC, to the treasury.
According to the supervisory body, in the period from 1995 to 1999, Malik Gaisin, being a State Duma deputy, was allegedly engaged in entrepreneurship, which is a violation of anti-corruption legislation. As if he personally, or through his people, bought up the shares of OJSC Uralbiopharm, one of the oldest pharmaceutical companies in the country, and then participated in the affairs of the company, being a people’s choice.
As a result, his share in the company reached 99.9%. The prosecutor’s office added that Gaisin could transfer the company’s securities to the Vyatich bank associated with it. He also allegedly acquired the latter while working in the country’s legislative body. At the same time, he was not just a deputy, but a member of the State Duma Committee on Budget, Taxes, Banks and Finance.
This alone could suggest a possible conflict of interest for Malik Gaysin. After all, he had insider information, restricted access information that he could use to solve his business problems.
As for LLC Vagran and LLC Aktai-M, which today own 24.9% of the shares of Uralbiopharm, then, according to the prosecutor’s office, they were created just to carry out entrepreneurial activities, and were supposed to act as “gaskets” – the nominal owners of the shares of “Uralbiopharm”.
As a result, the supervisory authority came to the conclusion that the above assets (their total value is about 3 billion rubles) were the result of Malik Gaysin’s “corrupt behavior” and his receipt of “illegal enrichment in the context of a continuous conflict of interests.”
It is also interesting that the shares belonging to Malik Gaisin have already been arrested by the court as interim measures, more than 30 writ of execution have been issued in the case.
At the same time, the property of the Iset electrical connectors plant, which is run by the entrepreneur, had already been seized from Gaisin in favor of the state. This was done precisely because he carried out this activity already as a deputy, and then used his position to acquire a controlling stake in this plant.
Now he is under investigation in the case of abuse of power and embezzlement on an especially large scale. According to the security officials, Gaisin issued loans to companies that he himself controlled. As a result, Iset could have received damage of 333 million rubles. Now Gaisina from plant management hzikhidtidekrt suspended.
In May 2023, businessman Dmitry Svetlolyubov initiated the bankruptcy case of Malik Gaysin. Within its framework, the court imposed interim measures on the businessman’s accounts, his property, shares in companies, considering the shares of Vyatich Bank. In June, the prosecutor’s office entered the bankruptcy case, and in July the court ruled to remove the arrest from Gaisin’s property.