Court arrests bonds of Russian oligarch’s Lavina Mall
The Holosiivskyi District Court of Kyiv granted the prosecution’s request for the arrest of the bonds of LLC "Lavina Shopping and Entertainment Center," which owns the Kyiv shopping and entertainment center Lavina Mall, amounting to 961 million hryvnias.
The editorial office learned about this from the materials of the criminal case under Part 2 of Art. 364, Part 1 of Art. 220-2, Part 2 of Art. 209 of the Criminal Code.
According to the case materials, the subjects of the investigation, who have direct control over the companies LLC "I-Nvest," LLC "Cicada AMC," LLC "First Financial Intermediary FC," LLC "Pascal AMC," LLC "Bucket7," LLC "Signifer," PJSC "Master Broker," RC "Prydniprovia," LLC "Hoverla IC," which operate in the Ukrainian stock market, colluded with employees of the National Securities and Stock Market Commission and organized a scheme using securities to falsify the solvency margin of insurers.
It was established that a group of individuals facilitated the issuance of zero-coupon bonds and the withdrawal of funds using bonds in the form of income payments to minimize tax obligations and to transfer them into the shadow economy, ultimately leading to the unprofitability of LLC "Lavina SEC."
From 2018 to the present, the organized bond issuance scheme by LLC "Lavina SEC" was carried out to increase expenses and reduce the tax burden on enterprises in the form of interest payments on the bonds at non-market rates. At the same time, the company’s financial performance has been declining over the past three years.
According to the decision of the Holosiivskyi District Court dated May 12, 2022, the bonds of "Lavina SEC" amounted to 961 million hryvnias were recognized as material evidence in the criminal proceedings.
It is noted that according to the register of legal entities, the owner of "Lavina SEC" is the company "Ixoria Business Limited," whose beneficiary is Russian citizen Vagif Aliyev.
09 July 2022 ã., 01:22
