VTB demands “Rights”: Chirakadze knows bankruptcy by Frank

“BM-Bank“, associated with VTB, filed a lawsuit against the Kuznetsky Yuzhny coal mine in Kuzbass and its owners. He demands the invalidation of a number of transactions to change the owners of the mine and return 100% of the shares of the Nagorny Mine LLC. The bank claims that these transactions were aimed at the withdrawal of Nagorny’s assets.

In whose interests a monetary institution can act, the correspondent of The Moscow Post in the Kemerovo region figured out.

All roads lead to the defendant?

The Kuznetsky Yuzhny open pit is owned by Timur Frank, Ivan Povoroznyuk, Karbotekhnologii LLC and Romenna LLC. All of them are defendants in the lawsuit. Also among them are the former owners of the mine, Dmitry Chirakadze, Novosibirsk OOO Alfa and Moscow JSC Pozharsky and Partners. The latter, through a chain of firms and owners, is connected with Pravo.ru, whose CEO until 2021 was Chirakadze).

Razrez Nagorny LLC has been in bankruptcy proceedings since April this year, and BM-Bank is one of its creditors. According to the Unified State Register of Legal Entities, Grigory Dadashyan managed it until 2021. He is also the CEO of Pozharsky and Partners “.

Another person who periodically held the post of general director of Nagornoye, Dmitry Zotov, through Tsvetmetrezerv LLC (where he is listed as the founder), is associated with the now liquidated Mining and Processing Technologies LLC (the latter is the founder of Tsvetmetrezerv), owned by Dmitry Chirakadze.

By the way, another owner of “Mining and Processing Technologies” is a banking structure – JSCB “SVA” (JSC). Judging by the fact that one of the founders of the bank was Sergey Kovanda, the founder of Mining and Processing Technologies, this banking structure is also included in the contour of Chirakadze’s interests.

A photo: https://www.rusprofile.ru

In addition to him, other entrepreneurs were among the founders – among them the most notable is Cheremin Sergey Evgenievich – head of the department of foreign economic relations in Moscow.

The bank is currently in the process of bankruptcy. Note that the financial institution was generously favored by government contracts, which earned more than 75 million rubles. Where did these funds go? Is it really offshore, for which Mining and Processing Technologies was registered until 2017?

Photo: https://www.rusprofile.ru

In 2018, information appeared on the official website of the Central Bank about the revocation of the bank’s license for the fact that “the management and officials of the bank carried out operations aimed at withdrawing liquid assets, including through lending to borrowers who have questionable solvency or who obviously do not have the ability to fulfill their obligations. obligations, as well as by concluding transactions for the sale of securities with a deferred payment with companies that do not carry out real economic activity.

In addition, during the survey by the provisional administration, it was found that the bank has investments in a subsidiary company, 95% of whose assets are uncollectible.

Thus, “BM-Bank”, it turns out, in fact, acts in the interests of the former and current owners of the Kuznetsky Yuzhny Mine? Which could withdraw money from the now bloodless “Nagornoye” through offshore companies that were on the list of its founders – “MENILO TRADING LIMITED” and “COMPANY BALACHIKO LTD.”

Not by Shchukin’s command

Among the above-mentioned personalities, two subjects stand out most of all, who could be seen more than once in such cases. We are talking about Timur Frank and Mr. Chirakadze.

Timur Frank is known as the former lawyer of the late Alexander Shchukin. When the latter was accused in 2017 of extorting shares in the Inskoy mine, soon all the assets of ITEK (the company holding the assets of Shchukin’s firms) ended up in the hands of Timur Frank. According to rumors, he told the entrepreneur that this is the only way to save assets.

Soon “ITEK” turned into a bankrupt company and all its property was sold, including personally in favor of Frank. According to Forbes, after his arrest, all of Shchukin’s cases in the wild were handled by his son-in-law Ildar Uzbekov, who lives in London. It was probably he who “leaked” them to Frank as a result.

But it was Frank who could bring Shchukin under the article. The latter, according to rumors, trusted him to carry out transactions with bills, and as a result, Shchukin sat down for them. And in 2021, he died under circumstances that were not fully clarified, while under house arrest, and his business migrated to the hands of Frank and his partner Ivan Parovoznyuk, also a lawyer.

There are other unseemly things behind Frank’s back. In 2014, ITEK, which at that time he headed, issued a guarantee for 1 billion rubles to Sibenergougolsnab Trading House LLC. The latter was co-owned by Alexei Barabash, and the guarantee was issued to Chernihiv Oil Refinery CJSC, the main shareholder of which was the same Barabash.

Sibenergougolsnab, as expected, soon went bankrupt. And in 2016, Frank bought out the billionth “debt” of ITEK, becoming its main creditor in its bankruptcy proceedings, receiving carte blanche for the company’s assets.

So almost everything that Frank now has could have gone to him through fraud with the assets of Shchukin, whom the enterprising lawyer probably simply circled around his finger. At the same time, many assets in which life had previously been seething, after being transferred into the hands of Frank, were bankrupt. The Moscow Post covered this story in detail.

The scheme that is now looming around the assets of “Nagorny” very much resembles his intrigues.

Jurisprudence for evil

As for the second subject of our investigation, Mr. Chirakadze, he is best known as the head of the scandalous Pravo.ru company. She is responsible for the development of the e-justice system, which, according to popular opinion, is very “lame”. And to be frank, they have long been saying that the funds allocated for it were simply stolen.

The firm is a supplier of a mass of government agencies and enterprises. Photo: https://www.rusprofile.ru

At the same time, until 2021, Pravo.ru was registered as an offshore company Grenson FINANCIAL CONSULTANT LIMITED. And in 2019, the tax authorities filed for bankruptcy against the Pravodnik company, which, through its owner Andrey Zvyagintsev, is connected with the already mentioned Pozharsky and Partners LLC, where the latter was the general director until 2021, and now acts as the owner.

Looks like the taxes went into the wrong pockets too. If bankruptcy were to occur, the e-justice system would risk falling apart altogether.

Unofficial sources simply claimed links between Chirakadze and Alexander Biryukov, deputy head of the Investigation Department of the Ministry of Internal Affairs, who was detained in 2020. He was accused of mitigating the charge against Albert Khudoyan. Potentially, the latter could also cover Chirakadze. They also wrote that allegedly the businessman managed to “get rid of” even the case that was being developed by the FSB.

According to the authors of the Ruspress website, Chirakadze allegedly initially entered the e-justice system in order to solve his own problems with the power bloc. They also wrote about disputes with offshore companies, which allegedly transferred their assets to Chirakadze’s management, but, apparently, suffered losses.

Indeed, if you look at the disputes of the now liquidated YUK Prof, which was run by a businessman, you can see a lawsuit from Millennium Global High Yield Fund Limited. The court decision ruled to prohibit the defendants, including Chirakadze personally, from disposing of the plaintiff’s assets.

Photo: https://kad.arbitr.ru

At the moment, Chirakadze is the general director of Legal IT LLC, which carries out securities management activities and almost does not get out of the minuses. Money from this company can be withdrawn through the offshore “FLOWERY UNIVERSAL S.A.”, which is managed by “Laboratory of Insurance Technologies” LLC. The latter, in turn, belongs to Alexei Pelevin – he is also registered as Legal IT.

Chirakadze also owns Kaffir LLC, which provides financial services, and the liquidated Finko, the second founder of which is the bankrupt Nivel Group LLC. It is issued to Lyubov Orlova, who is called the wife of Chirakadze.

It seems that making money from bankruptcy is a favorite niche for entrepreneurs-lawyers, who are now potentially trying to pull off another scheme with Nagorny shares.