The property of a convicted in Russia of the king of vodka found on the Isle of man
VTB Bank has received information on the likely presence of property Sabadash on the Isle of man. It is the possession of Britain in the Irish sea, famous for the oldest Parliament in the world and is one of the largest offshore Europe, according to “Fontanka”.
This information was reviewed by the Meshchansky district court of Moscow. Request to the Isle of man has unveiled the ultimate beneficiary of two business jets Gulfstream G550 and Gulfstream G200 valued at $ 30 million. The decision of the court of the island they were arrested.
“We welcome this decision and will initiate the process of recognition of the decision of the Meshchansky court in the Isle of man. Our main goal when working with problem debts — repayment of loan funds by all available methods in accordance with the law, including through the implementation of the arrested property of the debtor”, — said “Fontanka.ru” in a press-service VTB.
The publication notes that part of the stolen money to convicted Russian businessman hiding in offshore. In particular,
at the trial for plunder of money of Bank “Taurian” relations of the former Senator with the Seychelles was a whole section devoted. Considered loans issued to close Sabadash firms, partly derived abroad.
In October 2017 Sabadash was sentenced to seven years in prison and a fine for the fraudulent embezzlement of funds of Bank “Taurian” and output them abroad. Two years earlier, in 2015, he was convicted of illegal compensation of the VAT.