Rieker
"Tsentrobuv" suspected of fraud
13.04.2016 4970

"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.

The management of the Tsentrobuv company is suspected of fictitious transactions and the withdrawal of funds provided under the credit ...
5
1
Rating
Euro Shoes Exhibition

Latest News

The "Honest ZNAK.Business" application now has a scan function without authorization

The Center for the Development of Advanced Technologies has expanded the capabilities of the Chestny ZNAK.Business mobile application. The developers have implemented a new scanning function in the application. Users now have the ability to scan codes in the marking system without ...
20.10.2021 57

"Lockdown" announced in Russia from October 30 to November 7

Russian President Vladimir Putin approved the proposal of Deputy Prime Minister Tatyana Golikova to introduce non-working days in the country from October 30 to November 7. Non-working days are announced with payroll. This measure is forced due to the growth of ...
20.10.2021 62

Tamaris and Jana shoes to create the new Tamaris COMFORT range

The German brand Tamaris has decided to launch a new line in the segment of comfortable women's shoes and has attracted another brand of the Wortmann group - Jana shoes for cooperation. Now, in addition to developing its own collection, Jana shoes will be engaged in ...
20.10.2021 62

Adidas Originals has released new models of sneakers "for the winter"

In the collection of Adidas Originals there are models of shoes "for the winter", they complement the collection of insulated winter jackets and parkas for men and women. The collection includes men's low-top sneakers ZX1K BOOST and women's high-top sneakers SAMBA ...
20.10.2021 176

Malone Soulier launched an online service for making shoes to order

London-based shoe brand Malone Soulier has launched a global digital platform for bespoke footwear. The corresponding service appeared on the brand's website. Now for fans of the brand in different countries of the world the opportunity is available to create ...
20.10.2021 147
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning