Fedulev list

The court began reading the sins of the Ural oligarch

The trial of one of the richest and most scandalous entrepreneurs in the Urals, Pavel Fedulev, began yesterday in the Savyolovsky Court of Moscow. The businessman is suspected of securities fraud and other scams. The list of investigators' complaints against him is so long that yesterday was not enough for the judges to announce the entire indictment in the case.

At one time, Pavel Fedulev’s business empire consisted of more than 40 enterprises, and he was considered one of the most influential people in the Urals. However, his constant conflicts with partners, competitors, criminal gangs and law enforcement agencies (the list of the oligarch’s enemies would take more than one page) led to the fact that he was forced to go into hiding for a long time. During this time, Fedulev's empire has shrunk significantly, and now the entrepreneur controls less than 20 factories.

All current claims of the Ministry of Internal Affairs against the businessman are related to the stake in OJSC Kachkanarsky GOK Vanadium. Fedulev acquired the plant in 1997 through a bill of exchange loan received from Most Bank. Then the Ural-Start company, which is controlled by another well-known character in the Ural business wars, Jalol Khaidarov, invited Fedulev to sell her shares in the mining and processing plant. The deal provided that the securities would be delivered to Ural-Start only after their full cost had been paid, and the company began to gradually transfer money to Fedulev’s structures. However, when the entrepreneur received almost two-thirds of the amount, the deal stalled.

Fedulev refused to give the shares to Ural-Start because they had not been fully paid for. He didn't give the money either. Moreover, it later turned out that at the same time Fedulev was negotiating the sale of GOK shares with two more organizations, and from one he also received a significant part of the value of the securities.

Fedulev used the money raised in this way to purchase shares of other large enterprises, as a result of which the situation became completely confused. The loans were not returned to Most Bank, Ural-Start and other applicants for the shares never received them, and their money already ended up in completely different places, and no one was going to return these funds. As a result, regular financial battles broke out in the Urals with forceful seizures of enterprises and even shootings, and the Investigative Committee under the Ministry of Internal Affairs opened a criminal case in connection with this entire situation. After this, Fedulev went on the run, he was found and arrested, but then released. Along the way, many other participants in these events, including Khaidarov, also ended up behind bars.

In April, hearings in the case of the Mining and Processing Plant shares were supposed to begin, but the judge of the Savyolovsky Court, Victoria Flint, only issued another sanction for Fedulev’s arrest, after which she went on vacation. The first day of the trial took place yesterday. For almost eight hours, the servants of Themis read out the indictment.

German ALEXANDROV