Rieker
"Tsentrobuv" suspected of fraud
13.04.2016 4190

"Tsentrobuv" suspected of fraud

Management of the company “Tsentrobuv suspected of fictitious transactions and the withdrawal of funds provided under the credit line.

Gazprombank (GPB), one of the creditors of the Centrobuv chain of stores, appealed to the Ministry of Internal Affairs with a request to verify the legitimacy of the activities of the owners and management of the retailer, which was declared bankrupt at the end of March this year.

From the statement of GPB it follows that in 2013-2014 the bank entered into an agreement on the opening of a credit line with LLC "Centro" and JSC "Trading House" Centrobuv "to finance economic activities. To secure the return of funds, the borrowers provided the bank with guarantees for each other. But after the expiration of the repayment period this year, the companies formed a debt to GPB for 8,6 billion rubles.

According to Kommersant, GPB suspects the management of the Tsentrobuv chain of withdrawing funds, and counted 12 transactions, the legality of which is questionable. The bank's lawyer believes that the transactions could significantly affect the financial position of "Centro" and TD "Tsentrobuv", and entail "the inability of the borrowing companies to meet their credit obligations."
Earlier, the main applicants in the Centrobuv bankruptcy case were the Moscow Credit Bank and Sandorini, to which Centrobuv owed 4,09 million rubles.

According to GPB, Sberbank and VTB are also on the list of Centrobuvi's creditors. According to SPARK, long-term and short-term liabilities of Tsentrobuv Trading House JSC at the end of 2014 exceeded RUB 25 billion.

Founded in 1992, "Tsentrobuv" today has about 700 stores and is the largest shoe retail in Russia. According to SPARK-Interfax, 99,99% of Tsentrobuv Trading House JSC is owned by Cyprus-based Plazia Consulting Ltd, the main beneficiaries of which are Sergey Lomakin and Artem Khachatryan. The shareholders also include Leonid Makaron, Vladimir Levy, as well as the founders of the retailer Dmitry Svetlov and Anatoly Gurevich. LLC "Centro" (engaged in import and export) is also 99,99% owned by Plazia Consulting Ltd.

Management of the company “Tsentrobuv suspected of fictitious transactions and the withdrawal of funds provided under the credit line.
5
1
Rating

Latest News

Salvatore Ferragamo once again demonstrates the F-shaped heel

Salvatore Ferragamo's 2021 F-heel follows the curved heel of the original once created by the brand's founding father. The unique shape of the heel creates the impression that the wearer's foot is flying through the air.
05.03.2021 88

Turkish shoe exhibition Eksposhoes Antalya will be held from 18 to 20 May

Despite the pandemic and the associated restrictions on international travel, Turkey's borders remain open to guests from Russia, and the Eksposhoes Antalya shoe exhibition is once again ready to host Russian buyers.
05.03.2021 94

Lacoste has released a new model of unisex sneakers in retro style

French sportswear brand Lacoste's Match Break sneaker is a combination of an archival silhouette and state-of-the-art technology. The design of the retro sneaker combines clean lines with a calm color scheme.
03.03.2021 136

Rendez-Vous introduces its new spring / summer 2021 footwear collection

In the current collection of the Rendez-Vous chain of footwear and accessories stores, shoes from such brands as Kenzo, Vagabond, MM6, Giovanni Fabiani, Marc Jacobs, Converse, Dr. Martens, See by Chloe, Nike, Nando Muzi, Guess, Loriblu, ...
03.03.2021 150

Rieker sells 24 pairs a year. Shoes Report's Youtube channel published an interview with Riker Vostok CEO Shahin Asadov

Despite the pandemic, German footwear brand Rieker is celebrating a good year and expects sales to rise in the coming season.
03.03.2021 660
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning