Federal Court of Yekaterinburg resumes the trial of Yuri Repeta, GD of Noviy Grad CJSC and Siyat Sabitov, GD of HydroSpetsStroy Ltd.
23 May 2006 (11:52)
The Federal Court of Yekaterinburg in Leninskiy District decided to resume the trial of Yuri Repeta, GD of Noviy Grad CJSC, a building company, and Siyat Sabitov, GD of HydroSpetsStroy Ltd., today. The claim laid by Ural Alliance CJSC concerning the alleged stealing of 54m RUR by the defendants was used as the official ground for taking legal action.
The plaintiff claims the defendants have violated Clause 159 (Part 4) of Russian Criminal Code that deals with fraud. The Clause envisages a prison sentence of 5 to 10 years and a fine of up to 10m RUR.
The plaintiff claims the defendants have violated Clause 159 (Part 4) of Russian Criminal Code that deals with fraud. The Clause envisages a prison sentence of 5 to 10 years and a fine of up to 10m RUR.
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Other materials on the topic::
- CEO of Sverdlovsk Region Union of Builders tries to persuade union members to invest in insolvent Noviy Grad
- Criminal suit of Noviy Grad’s former CEO could be in court in May 2007
- Police obtain new data after withdrawing financial records of Noviy Grad
- Investigation of HydroSpetsStroy activity still goes on, says local department of internal affairs
- Sverdlovsk Region Court of Arbitration says Hydrospetsstroy has to pay the plaintiffs over 54m RUR