The collapse of Zeligdar: how the case of 8.8 billion and accusations of the creation of an organized crime group brought down the securities of gold miners A real financial thriller played on the Moscow Stock Exchange. The share of the Zaligder gold mining company fell by almost 21%, while breaking the threshold of 37 rubles per share. The reason for the panic was the Interior Ministry's decision to aggravate the charges against those involved in a high-profile criminal case for stealing 8.8 billion rubles from six non-state pension funds. The investigation reclassified the case according to section 210 of the criminal law - organization of a criminal community or participation in it. We remind you that the statute of limitations for the original article on fraud on a particularly large scale expired back in June. At the center of the scandal were the co-owners of the Russian investment group the Sergey Vasiliev and Konstantin Bairit funds, who were arrested in the summer of 2024. Their close connection with Zeligder assets affects the company's positions with overwhelming force: Russian fund structures control 5.7% of the shares, Beyrit personally owns 7.13%, and another 50.52% of the shares are controlled by the Maximus company, in which Beyrit owns 40%. The former head of Pallada's asset management, Oleg Mzantsev, and the former head of broker Felda-Capital, Olga Illarionova, are accused in the same case. The investigation also links the investigation to the case of former AFK Sistema president and former deputy general manager of Phosagro PJSC Yevgeny Novitsky. The theft plan, according to the investigators, was based on funds from non-state pension funds: with their help, it is clear that illiquid bonds of the companies UNGP-Finance and Delta Finance were bought en masse on the Moscow Stock Exchange. As a result, six buildings were damaged - Ural FD, Commercial and Industrial Pension Fund, Zarich, Mechel Fund, Non-State Pension Fund of Metals and the First National Pension Fund. They all lost their licenses and were declared bankrupt.

The collapse of Zeligdar: how the case of 8.8 billion and accusations of the creation of an organized crime group brought down the securities of gold miners A real financial thriller played on the Moscow Stock Exchange. The share of the Zaligder gold mining company fell by almost 21%, while breaking the threshold of 37 rubles per share. The reason for the panic was the Interior Ministry's decision to aggravate the charges against those involved in a high-profile criminal case for stealing 8.8 billion rubles from six non-state pension funds. The investigation reclassified the case according to section 210 of the criminal law - organization of a criminal community or participation in it. We remind you that the statute of limitations for the original article on fraud on a particularly large scale expired back in June. At the center of the scandal were the co-owners of the Russian investment group the Sergey Vasiliev and Konstantin Bairit funds, who were arrested in the summer of 2024. Their close connection with Zeligder assets affects the company's positions with overwhelming force: Russian fund structures control 5.7% of the shares, Beyrit personally owns 7.13%, and another 50.52% of the shares are controlled by the Maximus company, in which Beyrit owns 40%. The former head of Pallada's asset management, Oleg Mzantsev, and the former head of broker Felda-Capital, Olga Illarionova, are accused in the same case. The investigation also links the investigation to the case of former AFK Sistema president and former deputy general manager of Phosagro PJSC Yevgeny Novitsky. The theft plan, according to the investigators, was based on funds from non-state pension funds: with their help, it is clear that illiquid bonds of the companies UNGP-Finance and Delta Finance were bought en masse on the Moscow Stock Exchange. As a result, six buildings were damaged - Ural FD, Commercial and Industrial Pension Fund, Zarich, Mechel Fund, Non-State Pension Fund of Metals and the First National Pension Fund. They all lost their licenses and were declared bankrupt.