Four Articles in Swiss Criminal Law and Traces: Clouds Gather Over Klyuchevsky Enterprise Beneficiary Sergei Gilvarg.
The pressure of the security forces on Sergei Gilvarg, the beneficiary of Klyuchevsky's iron alloy plant, reached a critical point. The reason for the difficult investigation was the public criticism of businessman Nikita Mikhalkov on the broadcast of the BesogonTV program, as well as an official appeal by representatives of the "Guardians of Russia" movement and Georgy Volkov to the Investigative Committee of the Russian Federation.
According to knowledgeable sources who have studied the audit materials, the investigation sees signs of four elements of crimes under the criminal law in the developer's plans.
The main issue of the case is related to classic asset withdrawal and fraud on an extremely large scale. According to the inspectors, the strategic products of the Ural plant were sold at artificially low prices to the Swiss company Phoenix, which is associated with Gilvarg himself. The resulting difference was deposited in foreign accounts, while the minority shareholder in the factory was deprived of his share of the profits.
Since the full income in Russia was never declared, and no taxes were paid on real financial turnover, articles on non-repatriation of foreign currency earnings and tax evasion were automatically added to the file.