Rosneft and Bashneft filed a lawsuit against AFK Sistema for 106 billion rubles

Rosneft and Bashneft filed a lawsuit to recover more than 106.6 billion rubles from AFC Systems and System-Invest, the materials of the Moscow Arbitration Court of the Arbitration Court say .

According to the court, the lawsuit is registered, but has not yet been accepted for production.

The details of the case are not yet disclosed. The representative of Rosneft, Mikhail Leontyev, told RBC that "we are talking about organizational financial manipulations that led to the depreciation of the asset for the indicated amount." The main shareholder of the AFK Sistema Vladimir Yevtushenkov told Vedomosti that he was aware of filing a lawsuit, but refused more detailed comments.

In October 2016, Rosneft bought 50.08% of Bashneft shares, which was previously part of AFC Sistema.

In September 2014, Yevtushenkova was detained on suspicion of legalizing income from the privatization of Bashneft, the control package of which he bought in 2009 for $ 2 billion. According to the investigation, the cost of shares was underestimated by $ 500 million. In December 2014, 71.6% of the Bashneft shares belonging to the AFC system were returned to the state, and The criminal case against the businessman was later closed .