Date: 5 months ago   Category: Finance

Rosgosstrakh has submitted a claim to the ex-CEO of the company for 241,8 million rubles — Rambler News Service


The Rosgosstrakh insurance company has submitted a claim to the ex-CEO of the company Dmitry Markarov for collecting losses of 241,84 million rubles, the press service of the company has reported. According to Rosgosstrakh, losses of the company have been caused as a result of sale of 100% of stocks of the North-Western Administrative District owned by her RGS-Armenia of the Cimarex Management Limited company at cut price. "PJSC SK Rosgosstrakh has addressed with the claim to the former CEO Dmitry Markarov for collecting losses of 241 847 000,00 rubles. Losses are caused as a result of sale of 100% of stocks of the North-Western Administrative District belonging to PJSC SK Rosgosstrakh RGS-Armenia of the CIMAREX MANAGEMENT LIMITED company at cut price" — it is said in the statement. "The Cyprian company with beneficiaries, traditionally unknown for offshores, literally for nothing became the owner of the leading insurer of Armenia who, unlike the parent company, had no problems with unprofitability" — words of the CEO of Rosgosstrakh Nikolaus Frei are cited in the message. According to him, RGS-Armenia has been sold contrary to the purposes which have been declared in the report for 2016 and assuming expansion of presence of Rosgosstrakh in foreign markets, and first of all — in Armenia. He has noted that in the annual report for 2016 the book value of net assets RGS-Armenia has been estimated in more than 893 million rubles, however the value of the stock of the company specified in the contract of purchase and sale of securities which has been signed with the previous management is 480 million rubles. "I don't know how such assessment was carried out, but it is obviously deprived of economic sense and designed to prove the low cost of the alienated assets only. Taking into account a reserve of the saved-up exchange differences in 171,3 million rubles we assess direct loss from this transaction for group" Rosgosstrakh" at 241,3 million rubles and are forced to try to obtain in a judicial proceeding compensation of this loss for the benefit of our final shareholder — the Central Bank of Russian Federation" — Frei has added.

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