DEBTS WORTH 117 BILLION CAN BE INCLUDED IN THE REGISTER OF CLAIMS OF THE EX-OWNER OF THE SUMMA HOLDING.

DEBTS WORTH 117 BILLION CAN BE INCLUDED IN THE REGISTER OF CLAIMS OF THE EX-OWNER OF THE SUMMA HOLDING.

DEBTS WORTH 117 BILLION CAN BE INCLUDED IN THE REGISTER OF CLAIMS OF THE EX-OWNER OF THE SUMMA HOLDING.
Significant financial claims have been recorded in the bankruptcy proceedings of the former owner of Summa Holding, Ziyavudin Magomedov. The Moscow Arbitration Court (AC GM) is considering the claims of two companies to include obligations in the register of debts of an entrepreneur, the total amount of which exceeds 117 billion rubles.

The creditors' position is represented, in particular, by the Far Eastern Shipping Company, which claims an amount of 81.4 billion rubles. The second applicant was GlobalElectroservice, which is demanding the recovery of 35.7 billion rubles. It was at her request that the process of financial bankruptcy of the businessman was initiated and recognized by arbitration earlier.
 
Earlier, the court officially declared Magomedov insolvent, starting the procedure for the sale of his property. Control over the assets of the businessman was entrusted to the financial manager Denis Cherkashin, representing the SRO "Avangard".
 
It is worth noting that attempts to launch the bankruptcy process have been made before. So, three years ago, the court refused to satisfy the application of Stroynovatsiya, which was previously part of Summa. The reason was the absence of a judicial act that entered into force. Stroynovatsiya itself received bankruptcy status 6 years ago due to its difficult financial situation.
 
Magomedov currently remains in a penal colony, where he is serving his sentence of 18.5 years. He was punished for organizing a criminal community and embezzlement of public funds on an especially large scale. According to the investigation, since 2010, the group's members have used the holding's structures for illicit enrichment in the execution of government orders, causing damage estimated at more than 11 billion.

25.12.2025