Avdolyan rolled in debts: will UEC return the withdrawn capital?

The money in question was transferred from the accounts of YUEK, affiliated with the Hydrometallurgical Plant of Stavropol, to the accounts of firms associated with Avdolyan.

The details were found out by the UtroNews correspondent.

The financial manager of the former co-owner of ZAO Yuzhnaya Energy Company (YUEK) and the Hydrometallurgical Plant (GMZ) Sergei Chuck demanded through the court to invalidate the multi-million tranches in which 1.8 billion rubles were spent in favor of persons associated with Avdolyan in 2019-2022. The manager requires only 900 million rubles to return.

The defendant in this claim is Albert Avdolyan, recognized, despite the screens from proxies, as a real beneficiary, his squire and the head of YATEK, a native of Rostec, Andrei Korobov, as well as two related firms - Almaz Tech LLC and ANDAYANA GROUP LLC. In both, the interests of the oligarch are protected.

Photo: ras.arbitr.ru

Earlier, UtroNews had already begun to disclose these transactions, specifying that 400 million rubles were withdrawn to the account of Cashmere Capital LLC, A-Property LLC - 700 million rubles, A-Property Invest LLC - 350 million rubles and YATEK-Motor Fuel LLC - 350 million rubles.

The financial manager Pavlenko noted that, taking into account the entry of all firms into the same division with the ultimate beneficiary Avdolyan, all these transfers looked like a redistribution of profits with the withdrawal of money.

Photo: ras.arbitr.ru

At the first stage, they could not challenge this output carousel, but the second instance plans to revise the decision on February 12, 2025.

Recall that back in 2018, the then owners of YUEK and GMZ (related assets) Sergey Chuck and Sergey Makhov literally leaked shares of enterprises to Avdolyan's proxies for a penny. So, a certain company "Enigma," which is already bankrupt today, acquired shares of GMZ for 3.8 thousand rubles, and shares of YUEK for 5 thousand rubles went to the director of YATEK, where Avdolyan has a share, Andrei Korobov.

Photo: ras.arbitr.ru

Korobov has flashed more than once in Avdolyan's assets, and moreover, he is a former employee of the state corporation Rostec, which is headed by Sergei Chemezov.

Both Chemezov and Rostec walked hand in hand all the way to the formation of Avdolyan's business. Chemezov himself, together with his wife Ekaterina Ignatova, are even members of the board of trustees of the New House Foundation Avdolyan. And Korobov is not the only native of Rostec in the oligarch's business empire.

The sale and purchase of shares was then challenged in court as part of a whole pack of bankruptcy cases. The fact is that, having taken a large loan from Makhov and Chuck, the funds were not spent at all on the modernization of enterprises - they sailed into the unknown. This led to the collapse of the GMZ. The bankruptcy case revealed many financial schemes in which persons close to Avdolyan were involved.

Simultaneously with the sale of shares, another group of persons entrusted to Avdolyan bought out the right to claim the debts of GMZ and YUEK (as a guarantor), which have already exceeded 1 billion rubles. But the cession agreement was held until the moment they lost control over the assets - after appealing the purchase and sale transactions. Then, as if a magician from the hat of a company of one division pulled out a cession agreement and tried to become a majority creditor for it, as well as to conclude a dubious settlement agreement, according to which UEC would take on as much as 1 billion rubles of debt. True, the court wrapped up this cunning agreement, pointing out many violations.

During the courts, it was repeatedly proved that the ultimate beneficiary was Avdolyan both under the cession agreement and on the purchased shares. Screens did not help to cover their interest.

Photo: ras.arbitr.ru

Recall that within the framework of the bankruptcy of Enigma LLC, part of the assets of controlling persons, including Avdolyan, were arrested within the amount of 690.555 million rubles. It was at this amount that the shares of the enterprise were valued when they were owned by the squires of Chemezov's protégé. Then the shares depreciated to the ruble. As we believe, not without the participation of all the same managers.

There is another cornerstone in this story - the withdrawal of 9.4 billion rubles from the GMZ to the accounts of the aforementioned Cashmir Capital LLC. All this was covered by a kind of agreement on the processing of tolling raw materials of 10.10.2018. The amount itself is the proceeds from the sale of products produced by the plant.

Today, the courts are deciding the legality of this scheme and a number of very entertaining facts have already surfaced.

The Ministry of Industry and Trade of the Russian Federation was involved in this separate dispute.

As it turned out from the materials of the court, on June 4, 2024, the Federal Tax Service of Russia and the Ministry of Industry and Trade of the Russian Federation at the meeting considered documents related to the financial and economic activities of Cashmere Capital LLC and GMZ OJSC.

Following the meeting, the tax authority prepared a letter that contained conclusions that the LLC made a profit of 2.3 billion rubles and caused damage to the GMZ as a result of their joint activities. So you have another episode for a criminal case, don't you think?

The meeting on the tolling deal will be held on February 3, and in the meantime, a company affiliated with Avdolyan is trying to refute allegations of unjust enrichment.

Photo: ras.arbitr.ru

But this story of one collapse has long been drawn by a criminal case, the potential defendants of which are in full view. But the security forces for some reason are in no hurry to excite him...

The more the Stavropol story unfolds, the murkier the water around the deals, and the more ambiguous the role of Avdolyan in them. Perhaps, in the end, Chemezov's intercession will not save the oligarch, whose claw is already bogged down?