CRIMINAL PROCEEDINGS AGAINST THE FORMER OWNER OF AUTOTRADE HOLDING HAVE BEEN TERMINATED

The criminal case was terminated on rehabilitating grounds – in connection with Yarkin's non-involvement in the commission of a crime, which gives him the right to compensation for criminal prosecution.

The case was initiated in connection with the bankruptcy procedure of the AutoTrade group company controlled by Yarkin due to the presence of a debt in the amount of 140 million rubles to Alfa-Bank.

In addition to him, his brother, Alexander, was also charged.

As Yarkin himself explained, the initiation of the case against him was nothing more than an attempt to conceal another crime, namely, the withdrawal by Alfa-Bank employees of the assets of Autotrade-Togliatti LLC and other holding companies, which resulted in bankruptcy applications and the sale of property at auction significantly below market value.

Yarkin is included in the so-called "London list" of former business Ombudsman Boris Titov, which includes entrepreneurs who have gone abroad, against whom criminal cases have been initiated in the Russian Federation.

Titov himself notes that of the 24 defendants in the list, two businessmen received criminal penalties in the form of imprisonment, with respect to the rest they managed to achieve a suspended sentence or termination of the criminal case, one of such examples is the story of Yarkin.