Law enforcement agencies have conducted searches in the offices of the "Rusagro" group. Former senator from the Belgorod region Vadim Moshkovich, the founder of the agroholding, is undergoing investigative actions within a criminal case for large-scale fraud. The businessman's status is not specified in the process.
The company "Rusagro" confirms the searches in its offices conducted by law enforcement agencies. The statement notes that the company complies with the legislation and is ready to assist the authorized bodies. All interested parties are advised that these measures have no relation to the current activities of the company.
The media previously reported the detention of Moshkovich and other individuals, including the company's CEO Lipatov. A source from "Interfax" also mentions the detention of several people. The Investigative Department of the Ministry of Internal Affairs announced a criminal case regarding embezzlement in companies linked to "Rusagro". According to information from channel 112, Moshkovich and his accomplice are suspected of fraud and illegal seizure of lands. According to Mash, one of the reasons for the arrest is the diversion of assets of the "Sunny Products" holding amounting to more than 1 billion rubles.
A source close to the company's management confirms the conduct of investigative measures in several "Rusagro" offices and the questioning of leaders at the Investigative Department of the Ministry of Internal Affairs. The exact number of suspects is currently unknown, but the criminal case indicates alleged criminal actions within an organized group that caused significant damage.
The company "Rusagro" states that its operations continue as usual, all production facilities are operational, and obligations to customers, partners, and employees are fully met. The company is confident in the transparency of its work and expects a swift conclusion of the procedures. The company's management remains in their positions.
On the stock exchange, "Rusagro" shares fell by more than 20% after reports of Moshkovich's detention. By the end of trading, the share price rose to 187.2 rubles.
Vadim Moshkovich started his business in 1995 and founded "Rusagro" in 2003. The company is one of the largest agroholdings in Russia and operates in the agricultural, sugar, meat, and oil sectors. Until 2014, Moshkovich was a member of the Federation Council and represented the Belgorod region in the economic policy committee.