russian-businessmans-castle-worth-41-million-euros-seized-in-italy-sapo-provides-details

Russian businessman's castle worth 41 million euros seized in Italy: SAPO provides details

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The Financial Guard of Florence (Italy) has seized the property of a businessman of Russian origin, a representative of an international grain trader. According to the SAPO, it is a castle worth 41 million euros, UNN reports.

Pursuant to the request of the Specialized Anti-Corruption Prosecutor's Office and the National Anti-Corruption Bureau of Ukraine for international legal assistance, the Financial Guard of Florence (Italy) seized the property of a businessman of Russian origin, a representative of an international grain trader 

- the statement said.

Details

According to the SAPO, the competent Italian authorities seized a castle worth EUR 41 million in Florence, which is material evidence in the case of causing more than USD 60 million in damages to the State Food and Grain Corporation of Ukraine.

The pre-trial investigation established that during July-October 2014, officials of the state grain corporation organized the conclusion and execution of foreign economic contracts for the sale of grain products of PJSC "SFGCU" at reduced prices to controlled enterprises.

According to the scheme, grain belonging to a state-owned company was delivered to Saudi Arabia through a number of business entities on a postpaid basis. However, the grain was never paid for. As a result, the state-owned corporation suffered losses in excess of USD 60 million. THE COMPANY SUFFERED LOSSES OF MORE THAN USD 60 MILLION.

The investigation revealed that part of these funds was used to purchase the castle.

Add

Earlier, Corriere Fiorentino reported that in Italy, at the request of Ukraine, Russian businessman Alexei Fedorichev's real estate and assets were seized from him.

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