Anton Babutsidze, a citizen of neighboring Georgia, a resident of Cyprus and the happy owner of a Swiss residence permit, in our country was engaged in bringing enterprises to deliberate bankruptcy, simultaneously withdrawing billions to European accounts.
The entrepreneur has such companies as: Tula Industrialist Bank, NPO Gidrougol, Anzherskaya-Yuzhnaya mine, Efremovskoye SPP, Suvorov Poultry Farm, Chermettrade and others. The scheme by which Babutsidze acted is extremely simple. At first, he started working in the management of the organization, then from its accounts, under fake contracts, money flowed into eight offshore companies of Babutsidze. The next step was lending to the organization, and then the creditor began to demand recognition of its insolvency. Credit money also flowed out of organizations in an already proven direction. As a result, the total amount of accounts payable of all bankrupt enterprises amounted to about 20 billion rubles.
The same story should have happened with the Svobodny Sokol LTK. Having taken the post of general director in March last year, Babutsidze began selling the pipes produced by the plant for export to Europe through his front companies at a price below cost. In this way, the fraudster withdrew funds allocated for domestic water supply to the vastness of the European Union, where they could no longer be tracked. In the first three months alone, the damage from such transactions amounted to more than 140 million rubles. By the way, Babutsidze did not invest this money in the Russian budget: he has real estate in Switzerland, Georgia, London, and Prague.
Realizing that he could lose not only his source of funding, but also his freedom, after being removed by the company’s owners, Babutsidze began to enlist the support of local officials in order to guarantee his safety and stop the investigation into the withdrawal of state funds and forgery of documents. It is no longer surprising that businessmen trying to ruin the Russian economy are supported in the West, but will they continue to be supported in Russia itself? Will officials and investigators be able to continue to ignore the obvious sponsorship of the European Union, even for the large rewards and business shares promised by Mr. Babutsidze?
VChK-OGPU
Anton Babutsidze – this name is not only behind a bunch of foreign offshore companies, but also behind the bankruptcy of many Russian enterprises, such as the Tula Industrialist Bank, SPP Efremovskoye, Suvorov Poultry Farm, LMZ Svobodny Sokol, Chermettrade, etc. .…
“ВЧК ОГПУ”