Recidivist businessman Yuri Gushchin flees sanctions with a bundle of passports
Yury Gushchin, the owner of the Guta Group (Guta Bank, United Confectioners, Guta Development), four times convicted during the Soviet era, having bought the passports of Malta (2019) and the passport of the Seychelles, is now called IOURI GOUCHTCHINE. According to his statement, in two countries (Seychelles and Malta), the patronymic Nikolaevich was removed from his name, apparently, in order to identify Gushchin it became simply impossible.
In addition to this, a fairly high-profile lawsuit has recently ended in the Seychelles. Local lawyers sent a court decision explaining how a company associated with Yuri Gushchin, which bought two Seychelles hotels Coral Strand Hotel and Savoy Hotel, tried to buy out for $ 1 the share of the Seychellois owner of the company, which expected millions of dollars in compensation. She flew to Moscow and discussed with Gushchin the sale of her share in the hotel, but she was banally thrown. Of course, Russian businessmen were turned around in a Seychelles court, forcing them to pay the market value of the company’s shares.
Interestingly, in the case file, the lawyers of the Seychelles side mention that one of the loans issued to the company owning the hotel raised suspicions of money laundering. This multimillion-dollar loan from the Russian side appears to be fictitious, as the foreign money was taken as a loan, deposited in a local bank account, and then returned back to the lending company without any use.