The FESCO transport company won the high court of England and Wales with the company of convicted Ziyavudin Magomedov.
As it became known to the correspondent The Moscow Postthe FESCO transport company announced the recall of the claim by the company, associated with Ziyavudin Magomedov, by dispute by $ 1 billion.
From the statements made during the open court in the high court of England and Wales, it became known: the company that is associated with convicted Ziyavudin Magomedov, against which the lawsuit was filed with the London International Arbitration Court, withdrew the counterclaim. And she agreed to make a decision on the declared amount of debt, as well as the amount of legal expenses. The trial concerned the issue of debt collection to the group of the group in an amount exceeding $ 1 billion.
Did long judicial disputes end there?
Perhaps the new judicial battles are ahead, especially since the Magomedov brothers are constantly loomed by the Dvorkovichi brothers – Arkady and Mikhail? Are they “getting” water “?
OPS of the Magomedov brothers
The FESCO transport group is one of the largest transport and logistics companies in the Russian Federation with assets in the field of port, railway and integrated logistics business.
The companies own the Vladivostok marine trading port, the Intermodal operator of Fesco Integrated Transport, the operator of the Dalreftrans refrigerated containers, as well as Transgarant and Fesko Trans. The group controls terminal complexes in Novosibirsk, Khabarovsk, Tomsk and Vladivostok.
Vladivostok marine trading port. Photo: https://s10.stc.yc.kpcdn.net/share/i/12/11475812/wr-960.Webp
The founder of the Summer group and the former owner of FESCO Ziyavudin Magomedov, his brother Magomed Magomedov was convicted of 19 and 18 years of maximum security colony on charges of organizing the OPS, fraud and embezzlement.
According to investigators, part of the money was stolen, including during the construction of the stadium and the airport in Kaliningrad. And during the creation of a alluvial site with an area of 16 hectares near the Krestovsky Island in St. Petersburg. This was reported “Business Petersburg”.
The General Prosecutor’s Office of the Russian Federation appealed to the court with a request to appeal to the state of $ 750 million received by the Magomedov brothers after the sale of shares of the Novorossiysk Sea Trade port of Transneft. This was reported RBC.
The stake in the DVMP, which belonged to Ziyavudin Magomedov, the court confiscated in favor of the state.
Recall also that on November 2023, 92.4% of the company’s shares were transferred from the federal property of Rosatom Group of Companies.
From hand to hand?
But the beneficiaries of the company have not changed in scandalously, although it seems to go from hand to hand. The Magomedov brothers acquired the group in 2012 from Sergey Generalov, then such dark personalities as Andrei Severililov and Mikhail Rabinovich appeared … But these figures soon brushed away the Rosatom Group of Companies and the Group “business”.
In November 2023, Fesco passed to the state. Apparently on paper?
But in reality – as they say – the beneficiaries have not changed. There are stubborn rumors that it was supposedly Arkady and Mikhail Dvorkovichi, who seemed to be noted in the case with the “transfer” of the Solikamsky Magnesium Plant OJSC.
Brothers Mikhail and Arkady Dvorkovichi. Photo: https://avatars.mds.yandex.net/i?id=06f64ae9ca6c4f79caa04ca01451846a8_l-5210027-images-thumbs&n=13
Recall that back in 2022, the Prosecutor General’s Office of the Russian Federation filed a lawsuit regarding the FESCO group. And the defendants were the founder of the group “Sum” Ziyavudin Magomedov, his brother Magomed Magomedov, their companies, as well as shareholders.
The purpose of the lawsuit may be to appeal to the state of the FESCO shares that remained in commercial circulation.
Among the defendants are Mikhail Rabinovich (26.5% of the shares) and his partner Andrei Severilov (23.8% of the shares).
Since 2012, Fesco has been one of the key assets of the Magomedov brothers. FESCO businessmen partners were an American TPG Capital and GHP Group, Mark Garber, as well as other owners.
In 2020, the FESCO capital of GHP Group Mark Garber and TPG Capital left the FESCO capital, the shares of which were bought by Rabinovich and Severililov. Soon the Magomedovs were behind bars. The court confiscated the FESCO transport assets shares.
Together with FESCO, the state got an offshore empire associated with the group – Smartilicious Consulting LTD, Enviartia Consulting Ltd, Vovosa Co Limited, Rikima Holdings Limited, Mirihia Holdings Limited, Mirihia Holdings Limited, Calamita Trading Limited, Noubelius Ltd.
Two response companies at the suit of the General Prosecutor’s Office of the Russian Federation Smartilicious Consulting and Enviartia Consulting. These are direct shareholders of the FESCO of the Far Eastern Marine Shipping Company, which own 24.99% of the shares. Noubelius, Vovosa, Rikima Holdings appeared in the group’s reports as a shareholders of a shipping company with packages of 9.6%, 8% and 6.6%, respectively.
The Magomedovs were under investigation for almost 4 years. And during this time, many wanted to grab a piece from Fesco.
Friends – do not spill water
But why do the Dvorkovichi brothers come up in this story?
Student friends Arkady Dvorkovich and Ziyavudin Magomedov lived in the same room in a hostel when they studied at the Economic Department of Moscow State University.
And the Magomedovs began with the trade in household electrical engineering later reached a new level: they speculated by vouchers and bonds of internal currency loan at Interfinance.
And Arkady Dvorkovich did not lose sight.
And after Dvorkovich became an assistant to President Dmitry Medvedev, and then the Deputy Prime Minister, Magomedov’s fortune grew to $ 1.4 billion.
Magomed Magomedov in 2002–2009. He ended up in the upper house from the Smolensk region, then became an adviser to the speaker of the Federation Council (at that time) Sergei Mironov.
Magomed Magomedov. Photo: https://avatars.mds.yandex.net/i?id=3D67B396E5AD204DB3373AC06FA_L-523263-IMAGES-ThUMBS&N=13
But the main political resource was Arkady Dvorkovich. And his brother Mikhail Dvorkovich.
In July 2009, the main enterprise of the Magomedovs company “Summer Capital” (later the group “Sum”) became the general contractor for the reconstruction of the Bolshoi Theater in Moscow. Ziyavudin Magomedov entered the Board of Trustees of the theater. This was reported RIA “News”.
But the presence of Mr. Dvorkovich in the Council of Directors of Transneft was very useful for Ziyavudin Magomedov.
And key contracts with the Magomedovs were concluded precisely at the time when Dvorkovich held his post.
And after the Magomedovs bought 32.5% of the FESCO transport group from the ex-minister of Generalov, the Far Eastern Marine Shipping Company, the Vladivostok marine trading port and 25.07% of the shares of the railway container transportation of Transcontainer JSC were added to the assets of the Summer.
The Dvorkovichi family did not leave the Magomedov family in trouble: the latest events around the Magomedovs are talking about this.
After all, the Magomedov brothers tried to recover billions from new owners of companies. Among the defendants are the former FESCO minority: TPG, Mark Garber and Domidias offshore, 23.76% in FESCO, former chairman of the board of directors of Leila Mammedzade. The defendants were the Rosatom Group of Companies and Transneft. The brothers accused the defendants of “global conspiracy.” Apparently, the Magomedov brothers, having rested, will make new attempts to return their wealth?