Court arrests accounts of Summa Group under Magomedov case

MOSCOW, May 28 (PRIME) -- The Tverskoi District Court of Moscow has arrested accounts of multi-industry holding Summa Group under a case against its co-owner Ziyavudin Magomedov on Monday, lawyer for Magomedov Viktoria Tsiryulik said.

“Accounts of Summa Group has been arrested, accounts of my client have been arrested,” Tsiryulik said.

Co-owners of the holding, brothers Ziyavudin and Magomed Magomedov were charged with creation of a criminal community and 2.5 billion ruble embezzlement. Artur Maksidov, former CEO of construction company Inteks, was charged with 669 million ruble embezzlement and participation in a criminal community, according to the materials of the court. They can be sentenced to up to 20 years in prison.

(61.6659 rubles – U.S. $1)

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