The court arrested an oligarch from the Urals and co‑owner of Oblkommunenergo.

The court arrested an oligarch from the Urals and co‑owner of Oblkommunenergo.

      Ural oligarch and co-owner of Oblkommunenergo Alexey Bobrov was remanded in custody until November 15. The corresponding decision was issued by the Verkh-Isetsky District Court in the case of group fraud on an especially large scale.

      According to the Prosecutor General’s Office, Alexey Bobrov and his partner Artem Bikov illegally seized control of Oblkommunenergo; the prosecution is demanding that the enterprise be returned to the state. A subsidiary of Oblkommunenergo is JSC OTSK. According to E1.RU, in 2018 the JSC entered into concession agreements that led to Bobrov being accused of fraud. It is alleged that he and his associate Tatyana Chernykh profited from the concession. OTSK received a regional subsidy of 508 million rubles but spent it for purposes other than intended.

      Bobrov asked not to be remanded in custody because he cares for his elderly mother. His lawyer proposed releasing the oligarch on bail of 44 million rubles, but the court did not agree to this proposal.

      Earlier, "Corporation STS", which is owned by Ural oligarchs Artem Bikov and Alexey Bobrov, said it was prepared to return Oblkommunenergo to state ownership.

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The court arrested an oligarch from the Urals and co‑owner of Oblkommunenergo.

A Ural oligarch and co-owner of Oblkommunenergo, Alexey Bobrov, was remanded in custody until November 15. The Verkh-Isetsky District Court issued the decision in the case of group fraud on a particularly large scale.