On January 30, 2019, the National Agency of Ukraine for Finding, Tracing and Management of Assets Derived from Corruption and Other Crimes concluded an asset management agreement with the LLC “I&U Group Ukraine”.
On the basis of an agreement, corporate rights were transferred into management: 100% of the authorized capital of LLC “Rostok-Holding”, 100% of the authorized capital of LLC “Novhorod-Siverskyi Elevator” and 98.93% of the authorized capital of LLC “Kombikormnik”.
The conclusion of this agreement is the final stage of the legal process that began pursuant to the decisions of investigating judges of the Kharkiv district court of Kharkiv region from September 28, 2018 in case № 635/4979/18 (proceedings № 1-ks/635/2266/2018 and № 1-ks/635/2265/2018) which imposed seizure on assets of “Rostok-Holding” Group in the criminal proceeding № 42018221430000250, being subject to a criminal offense provided for in Part 4 of Article 190 of the Criminal Code of Ukraine - “embezzlement in especially large amounts” (unlawful obtaining of money in the amount of more than USD 21 million (almost UAH 591 million).
On November 30, 2018, investigating judges of the Kharkiv district court of Kharkiv region determined the procedure for safekeeping of material evidence in the criminal proceeding №42018221430000250 from July 17, 2018, and transferred it into the management of ARMA. Further, pursuant to the results of the competition,
“I&U Group Ukraine” was selected by the tender committee as the manager of assets of “Rostok-Holding” Group.