At this meeting, along with Ilya Suchkov, some people known from previous reports were there: Dmitry Mints, Ilya Gulin (CFO of the Mintsev companies), Elena Orlova (legal officer of the Mintsev companies), Sergey Krychenko (“adjutant” of Anatoly Chubais) and Olga Butkova (CFO of SFO CONCEPT CONSULTING LLC).
It should be mentioned that by that time Peredelki Housing Estate, Odintsovsky District, Moscow Region, was built and handed over to the customer who funded the construction of Peredelki Housing Estate – Swiss company SFO Concept AG on 01 January 2016. As stated in earlier reports, the estimated cost of “Residential Complex Peredelki” was around 47 000 000 USD, and the market value was determined by 3 (three) carried out independent valuations, including the court valuation between 34 000 000 and 36 500 000 USD.
There was essentially one issue discussed at the meeting – the establishment of the optimal mechanism for selling the Peredelka housing estate to Anatoly Chubais at the lowest possible price.
Dmitry Mints “proposed” to Ilya Suchkov, if I may say so, and in fact imposed in an unquestioning manner, the option of transferring the Peredelka housing estate which is owned by the Swiss company SFO Concept AG to Boris Mints at a symbolic value for the purpose of subsequent sale of Peredelka at the same symbolic value to Anatoly Chubais.
According to Dmitry Mints, the Swiss Company, after implementation of the scheme “proposed” by him in order to liquidate the large debt formed on the Swiss Company by Anatoly Chubais, was to be deliberately bankrupted and the remaining difference of about USD 17,000,000 in debts was to be recovered from the shareholder and CEO of the Swiss Company, that is from businessman Ilya Suchkov and Andre Odermatt, respectively.
Given that Anatoly Chubais had earlier “recommended” Ilya Suchkov to agree the mechanism for the sale of Peredelki residential complex with Dmitry Mints, the “proposal” by Dmitry Mints sounded like an agreement with Anatoly Chubais.
Disregarding the actual construction costs incurred by the Swiss company SFO Concept AG and its actual market value, set the valuation of the Peredelka housing estate at significantly less than the money actually spent on construction and its actual market value, in the region of 8,000,000 US Dollars, as desired, necessary and consistent with the wishes of Anatoly Chubais and Mr. Mints.
Dmitry MintsRucriminal.info reminds us that as we pointed out in previous publications such an underestimated value of the “Residential Complex Peredelka” in the range of 7 000 000 – 8 000 000 US dollars met the wishes of Anatoly Chubais and Mr. Mintsev. This fact is confirmed by Dmitry Mints’ assertions at the meeting, as this would have allowed Anatoly Chubais, Boris and Dmitry Mints used a Cypriot company O1 TRUST SERVICES LIMITED to hide the transfer of large sums as loans.
Also, this undervaluation was necessary because Anatoly Chubaisdid not have any declared income to buy the Peredelki housing estate at its actual value.
Anatoly Chubais associates, including Sergey Krychenko and Olga Butkova, finance director of Anatoly Chubais’ family office in the Russian Federation headed by him (Sergey Krychenko), were informed at the meeting that the budget amount they had allocated for Anatoly Chubais to buy the “Peredelki residential complex” should not have exceeded USD 8 000 000 or 520 000 000 rubles.
So, it must be assumed that the plan proposed by Dmitry Mints to buy the Peredelki housing estate was planned by Anatoly Chubais and the company in advance and was not revealed to Ilya Suchkov or to Anatoly Chubais and the company until the last moment.
Moreover,
as per Dmitry Mints’ claims at the meeting, the scheme he proposed to Ilya Suchkov was a fraud and if Ilya Suchkov had agreed, it would have involved a cash transaction between the mentioned parties, in violation of the law.
Ultimately, Anatoly Chubais would have completed his task in 2016, but due to Ilya Suchkov's refusal to take part in his scheme expressed in the alleged legalisation of funds by (Anatoly Chubais’), Boris and Dmitry Mintsev, he did it only three (3) years later in February 2019!
Because of the unexpected circumstances, we believe that it was Anatoly Chubais or his associates who had to carry out a number of illegal actions related to the questionable purchase of the Peredelka housing estate, namely:
– to start a baseless criminal case No 123632 against the uncooperative businessman Ilya Suchkov. This was based on the valuation of the KnightFrank company and false testimony from supposed proxy representatives of the aggrieved party, Rim Kuks and Dmitry Mosin, who allegedly act on behalf of the Cyprus company O1 TRUST SERVICES LIMITED. This is confirmed by the case file and the audio recording of the meeting; of – to baselessly change the jurisdiction of the civil dispute between the foreign legal entities Cyprus company CRISNA HOLDINGS LTD linked to
and the Swiss company SFO Concept AG, from the London Court of International Arbitration to the Arbitration Court of the Bryansk region, because, we believe, it was favorable and received the needed decision by Boris Mints Anatoly Chubais . It should be noted that the artificial change of jurisdiction became possible because the second defendant before the Cyprus company CRISNA HOLDINGS LTD under the surety agreement of June 2015, illegally, without notifying the debtor, the Swiss company, was the Russian family office of .
Anatoly Chubais – SFO CONCEPT CONSULTING LLC, with a share capital of – start, with the participation of investigator Zh.A. Egorova, the organization and conduct of bidding for the sale of the Peredelki housing estate which is under arrest and is material evidence in criminal case No. 123632 for 100,000 rubles.
million rubles, that is, for the amount originally planned by “associates” of 600,000,000 Anatoly Chubais , in the so-called work meeting in spring 2016;(This scheme of the “raider takeover of the Peredelki housing estate” is described in more detail in the publication on the website
of 25 April 2022 – “Chubais’ giant ‘cube’ found
rucriminal.info
– start the illegal arrest of Ilya Suchkov in June 2017; “)
– contribute to the systematic violation of the law by investigator J.A. Egorova and investigator A.G. Mogilevskaya of the same department and as a consequence bring Ilya Suchkov to disability.
We believe that criminal case No. 123632 is clearly a contract case and recall that it was initiated by investigator Egorova J.A. on 16 October 2016, contrary to the factual circumstances:
– the loans were taken out for the purpose of replenishing the working capital of the then 100%-owned Swiss company SFO Concept AG, owned by
Anatoly Chubais on his instructions by André Odermatt, the Manager of the Swiss company. The loans were taken out over a long period of time, at negligible interest, without any collateral, with guarantees from Anatoly Chubais to his friend, associate and business partner , and were spent by Anatoly Chubais during his 100% ownership of the Swiss company, i.e. until May 2013; Boris Mints– the paradox of the present criminal case is that it was initiated six (6) years before the right to claim under the loan agreements concluded by Andre Odermatt, the manager of the Swiss company SFO Concept AG, on behalf of
Boris Mints’ Cyprus Company for Anatoly Chubais . In the hope that, based on an earlier agreement with Anatoly Chubais, these amounts would be repaid to him after the purchase at market value of the Peredelki housing estate;– Ilya Suchkov, after the so-called working meeting in the summer of 2016, has repeatedly offered the Cyprus Company of
Anatoly Chubais Boris Mints and , in accordance with applicable Russian and Swiss law, to purchase “Residential Complex “Peredelki” at actual market value, according to 3 (Three) independent valuations, including 1 (One) trial, with a possible discount allowed by applicable law for USD . It is particularly noteworthy that this circumstance per se excluded any intention of fraud on the part of Ilya Suchkov; 33 000 000– The property (AITI equipment) that Ilya Suchkov is accused of having allegedly stolen from
Anatoly Chubais is still located in “ZhK Peredelki” and did not belong to Anatoly Chubais as of 2017-2018, which is confirmed by the materials of the case. Despite the fact that all of the above arguments are undeniably documented by the materials of criminal case #123632, investigator J.A. Egorova and investigator A.G. Mogilevskaya of the same department were completely ignored, and instead of putting the above investigators on trial for their illegal actions during the entire 6 (Six) year long so-called investigation, they were sent to retirement and dismissed at their own request respectively. Phenomenal, isn’t it!
For about three (3) years, legal case No. 123632 has been pending in different courts in Moscow and the Moscow region, and has been sent back to the prosecutor twice for more investigation.
Investigation Meanwhile, supporters of Anatoly Chubais are actively trying to push the unsuccessful legal case No. 123632 through the courts at any cost.
of Anatoly Chubais are actively trying to push the failed criminal case No. 123632 through the courts at any cost. We genuinely hope that the clear evidence of falsification, distortion, and tampering with materials in the 6 (Six) years long legal case No. 123632, which we believe was ordered by the supervisory, judicial, and prosecution authorities, will be properly assessed by the law in the end.
PRINTED VERSION
of the 2016 meeting
(Ilya Suchkov with Dmitry Mints, Ilya Gulin (Mints’ CFO), Elena Orlova (Mints’ office employee), Sergey Krychenko (“adjutant”
to Anatoly Chubais ) and his CFO Olga Butkova)Sergei Krychenko: How much do you owe? Let’s start with this (how much is owed on the money Anatoly Chubais received in 2010-2012). Anatoly Chubais’ “loans” from his friend, associate and business partner
Boris Mints’ Cypriot company – O1 TRUST SERVICES LIMITED, now reorganised into TILSOKA LIMITED) to the Swiss company SFO Concept AG. Ilya Suchkov: 24, well 23 and a penny (meaning millions of US dollars)
Dmitry Mints: bankrupt the Swiss company and that’s it
Yelena Orlova: That’s the plan (implied by Chubais’ proxies)
Sergey Krychenko: bankrupt the Swiss company?
Dmitry Mints: he (meaning
Anatoly Chubais ) will buy it (meaning the Peredelki housing development) for, I don’t know, 7 (meaning $7,000,000 USD)Serhiy Krychenko: for 8 (means USD 8,000,000) or 9 (means USD 9,000,000)
Dmitry Mints: he
(Boris Mints) will have to buy debt for 7 (implies 7,000,000 USD), O1 T (implies O1 TRUST SERVICES LIMITED) will be left with debt, there for what 24 (implies 24,000,000 USD) minus 7 (implies 7,000,000 USD), for 7 (assuming 7,000,000 U.S. dollars), he(Boris Mints) will take over this house (“Residential Complex Peredelki”), then O1 T (implies O1 TRUST SERVICES LIMITED) will go bankrupt, well wait for the Swiss company to go bankruptElena Orlova: Well, bankruptcy is in 7 (meaning 7,000,000 dollars)? Your director (meaning the director of the Swiss company Andre Odermatt) will not suffer on this subject?
Ilya Suchkov: He will
Elena Orlova: The director (director of Swiss company Andre Odermatt) is so exhausted and..
Ilya Suchkov: But he’s not the only one who’s so torn up
Dmitry Mints: Why the fuss, got up, left, wonder why there is no director who can survive the company’s bankruptcy?
Jelena Orlova: Why don’t we just want to sell the house without bankruptcy (it means “Peredelki” housing estate)
Dmitry Mints: well you have a deal for 24 and for 24 to give (meaning millions of dollars)?
Elena Orlova: Still at the level of companies and the debt taker the situation will be better or through bankruptcy of some company out there
Dmitry Mints: So that no one would say that it is actually worth 24 (meaning $24 million) and to take the house for 24 (million U.S. dollars), so someone would not bother to find out later if there was a debt of 24 million (meaning U.S. dollars)
Yelena Orlova: If someone takes action, the company might go bankrupt and lose its assets, so it's better to handle it quietly (phone call – alo)
Serhiy Krychenko: So, what?
Dmitry Mints: The company has a lot of assets and a lot of debt, it's just the way it is. They bought it for a lot of money, then sold it for 100 rubles. They forgave part of the debt, took 8 (meaning 8 million USD) and will pursue the rest of the debt from Suchkov
Elena Orlova: Who will they go after and whose assets will they seek, the shareholder?
Ilya Suchkov: me
Dmitry Mints: What shareholder?
Yelena Orlova: Then what are we looking for, what assets?
Dmitry Mints: We won’t look for anything, we'll just close the matter. We took something for 24 and sold it to a comrade in charge (meaning
Anatoly Chubais ) for 8 million dollarsElena Orlova: Well, we didn’t sell it like that
Dmitry Mints: But we did sell it in the end!
Jelena Orlova: Do you have an estimate of what you took?
Dmitry Mints: You got the right estimate of what I took
Elena Orlova: You took everything you had
Dmitry Mints: and gave it away for 24 (implies 24 million U.S. dollars), I say you took it first for 24 (implies 24 million U.S. dollars) and then valued it somehow and then gave it to Chubais for 8 (implies 8 million U.S. dollars) something here ..
Yelena Orlova: Well, whoever tells you this, if you find such a person, will say it in any situation, whether there's bankruptcy or not
Dmitry Mints: I bought debts from O1 T (O1 TRUST SERVICES LIMITED) for 8 million USD, I came to the company. The company wants to give you the debt for 8? You have a house worth 8. I forgave the debt for 8. The remaining debt was left with O1 T (O1 TRUST SERVICES LIMITED), O1 T came and went to court there. On a physics level, he paid 8 (meaning
), got 8, gave it to me, I sold it, I made money, if anyone out there is going to warm their ears Boris MintzElena Orlova: About the fact that you came and took everything you had and bankrupted the rest as well
Dmitry Mints: no why? O1 T (O1 TRUST SERVICES LIMITED) is a different story, it’s not the same, I don’t know the difference
Elena Orlova: I don’t know what you feel the difference
Dmitry Mints: I’m not ready then
Elena Orlova: Well how can I feel the difference without knowing your situation
Dmitry Mints: What is our situation?
Elena Orlova: Your situation with O1 T (O1 TRUST SERVICES LIMITED) I don’t even know what it is
Dmitry Mints: I am not concerned about the fate of O1 T (O1 TRUST SERVICES LIMITED) in this case. I am worried about the situation with the two physicists (meaning
Anatoly Chubais Elena Orlova: How much is it possible? and Boris Mints)
Dmitry Mints: That’s not what you’re trying to tell me
Elena Orlova: I don’t want to say anything right now. We are just talking about a way that will be minimally public and troublesome
Dmitry Mints: it’s not a hassle (Mints’ suggested above-mentioned illegal scheme is meant) and there’s no publicity about it, there are a million companies going bankrupt in the country, I think the Swiss have more than one or two too, they decided to give up the house
Yelena Orlova: usually, bankruptcy happens in court
Ilya Suchkov: Yes, definitely
Sergiy Krychenko: The bankruptcy went through court. Can you give me a rough idea when Dmitriy (referring to Dmitriy Mints) will become the owner?
Dmitry Mints: the deal with the residential complex “Peredelki” is not taking too long
Elena Orlova: It might even speed up the deal with the Peredelki housing estate. The bankruptcy process is not affected by this. Do you want the exact amount of the purchase of the Peredelki housing estate to assign this debt? No change, nothing
Dmitry Mints: well yeah, there is some change
Yelena Orlova: A certain change, any change doesn’t matter; it’s not a matter of principle. Part of the debt is assigned to a physical person, the physical person comes to the company saying, do the sale-purchase transaction as part of the set-off claim, and after some time the company appears…
), the physical person comes to the company (meaning SFO Concept AG Switzerland) saying, do the sale-purchase transaction as part of the set-off claim, and after some time the company appears… (implies O1 T (O1 TRUST SERVICES LIMITED)) Boris MintsIlya Gulin: well, it appears or it doesn’t
Elena Orlova: no it appears because our task is to liquidate this company to hell Swiss, so it has to appear and go bankrupt and find that everything was already taken by some individual
Dmitry Mints: no it’s just an option, you have to wait for six months..
Ilya Gulin: So you can’t get it back
Dmitry Mints: Six months later O1 T (O1 TRUST SERVICES LIMITED) comes and asks for the debt. You have someone appointed there to liquidate
Elena Orlova: And in general you should find out how the bankruptcy procedure works in Switzerland
Olga Butkova: Our client
(Anatoly Chubais) plans to move in and already live there on 01 June (Residential Complex Peredelki)
Elena Orlova: Don’t wait, Olga, everyone has already realized that we have already made a sale and purchase of physical persons and the physical person is already further disposing of his property (Peredelki housing estate)
Dmitry Mints: not then at least the physicists
(Boris MintsAnatoly Chubais and ) there A phone call. A physicist comes over and says he bought a house but he says his son gave it to him as a gift instead of 7 (meaning USD 7,000,000), so he sold it, plus or minus. Our biggest problem is that Mints sold something to Chubais for three (3) kopecks.Yelena Orlova: And if he buys the debts, all the debts for 8 million (meaning US dollars), let’s say, just to keep us from going bankrupt
Dmitry Mints: that is, at a discount, I know, the chief (meaning
Anatoly Chubais ) can be formally ‘f*cked’ with investigators for how much he (meaning Anatoly Chubais ) paid, he exchanged a debt of 24 million (meaning US dollars) for a house (Peredelki housing estate) there worth, what there 8 (meaning US dollars 8 000 000) is the subject he(Anatoly Chubais) decided to, well do so and then this house (Peredelki housing estate) which is nominally worth 24 millionOlga Butkova: 24 million dollars are being invested in construction
Ilya Suchkov: 30 million US dollars were invested in the Peredelki housing development at that time
Elena Orlova: Basically, just build the house for 8 million USD, spend the money, and then declare bankruptcy to avoid any questions from investigators. If you stick to this plan, there shouldn't be any problems with debts. But if you get involved with debts, it could lead to a complicated situation.
Dmitry Mints: That might actually make more sense
Jelena Orlova: Because as soon as you take on even a portion of the debt, you mess up the whole situation
Ilya Gulin: In this scenario, even if we pursue the money for a part, for 8 million US dollars
Elena Orlova: No, as soon as you mention investigators, you should abandon these two stories (referring to the loans issued for the purchase of the Peredelki housing estate)
Dmitry Mints: Definitely not for 8 million
Elena Orlova: Once you start discussing investigators, you need to abandon these two stories
Dmitry Mints: We give Boris Iochifrvich 8 million US dollars, and he buys this house (Residential Complex “Peredelki”)
Ilya Gulin: I'm saying everything correctly, and there is still a partial payment of the debt to F1 T (O1 TRUST SERVICES LIMITED), leaving 24 minus 8 million US dollars, so the company (referring to JSC “SFO Concept AG” Switzerland) remains in debt
Elena Orlova: And then the company (JSC “SFO Concept AG” Switzerland) has already solved the issue of either filing for bankruptcy or reaching an amicable agreement for debt forgiveness, securing a profit against losses in the house's sale, as we originally planned, avoiding the need for any bankruptcy or hassle with this house
Dmitry Mints: No, it's simpler than that
Lena Orlova: If you want to disengage from a certain story, just sell the house, and then no one will bother you
Dmitry Mints: Well, there's no bargaining, they deal in very formal terms
Sergiy Krychenko: Are you referring to the investigators?
Dmitry Mints: Yes, the investigators
Sergey Krychenko: Who knows for sure?
Yelena Orlova: Just buying and selling in formal terms
Dmitry Mints: Well, listen, if I buy a house for 8 million, sell it for 8 100 million US dollars, whether it's valued at 8 100 or 8, it doesn't matter. I've gained something, right?
Ilya Gulin: So in the end, the main question remaining is whether SFO (referring to SFO Concept AG Switzerland) is left with a debt of 17 million US dollars, and what the timeline will be for the liquidation of this company (SFO Concept AG Switzerland)
Dmitry Mints: Bankruptcy is always a cleaner option than forgiving debt
Ilya Gulin: I agree, let's delve into the details then
Yelena Orlova: We really need to understand the details and the exact process to decide on bankruptcy, because an independent person should intervene if needed
Ilya Gulin: Okay, let's create a detailed plan before the end of the week, that's fine
Elena Orlova: This is about the debt and actually about transferring ownership of the house
Dmitry Mints: what documents will be sold?
Elena Orlova: is that the sales contract for money?
Dmitry Mints: yes. Have you decided on this amount?
Jelena Orlova: We need a new valuation
Ilya Suchkov: We had an initial amount on debts, now it is proposed again as a deficit
Elena Orlova: How much did you budget?
Olga Butkova: I budgeted..
Sergey Krychenko: For the purchase?
Ilya Suchkov: I think you pledged 7 million USD
Sergey Krychenko: 8 million USD
Olga Butkova: 520,000,000 roubles
Ilya Suchkov: 8 or 7 million USD?
Sergey Krychenko: 8, 8 million USD
Olga Butkova: I budgeted 520,000,000 roubles
Sergei Krychenko: in roubles?
Olga Butkova: Yes
Yelena Orlova: No, well, it doesn't matter, the less the better, because he will pay tax on all this amount later
Anatoly Chubais will pay tax on all this amount laterSergey Krychenko: We will buy it from your account
Elena Orlova: because you have an old plan, maybe something has changed, will you buy it or will you receive it as a gift?
Serhiy Krychenko: we will end up buying
Dmitry Mints: a question. The old plan, do you need the old plan?
Elena Orlova: The old plan is bad, because if it’s a gift it’s a tax on the whole amount of the transaction
Dmitry Mints: no, but just tell me a simple question. If he bought sold, then why am I in this scheme? Boris Iosifovich bought, Chubais sold, resident/non-resident makes no difference if the difference there is not much difference
Yelena Orlova: But he will pay 30% of the difference, no, no, we originally discussed that he will take the debt because the price is unclear and we won’t have a sale as we discussed it, he might just have a donation, if we have a sale, then in principle.. Boris MintsYelena Orlova
will pay 30% of the difference Boris Mints Boris Mints will take the debt because the price is unclear and we won’t have a sale as we discussed it, he might just have a donation, if we have a sale, then in principle..Ilya Gulin: If there is an incoming he does not sell for much cheaper than he
(Boris Mints Boris MintsElena Orlova: that’s why they wanted a gift, that’s right Ilya (Ilya Gulin is meant) says that’s why they wanted a giftDmitry Mints: Then maybe 100, 200 thousand dollars we have to pay) bought
Ilya Gulin: without a gift
Ilya Gulin: without a gift
Elena Orlova: but it is much more palatable, because to pay a million US Dollars for nothing
Dmitry Mints: there’s another limitation there, the amount, he has no official cache in his account
Elena Orlova: Who has?
Dmitry Mints: Chubais
Yelena Orlova: Of course
Dmitry Mints: so there’s not much there
Yelena Orlova: Absolutely because of that there will be additional worries
Ilya Guli: So we remove the link then
Elena Orlova: If we have a purchase and sale of it from the company, then we remove the link and, in principle, we can already start this story after the assessment will be ready. The appraisal can then be done at a minimum
Sergey Krychenko: Will the seller be the seller in this case?
Elena Orlova: Boris. We have now gone into a construction where Boris is buying then we don’t really need Dmitri (meaning Dmitri Mints). Well done Dimitri
Sergey Krychenko: Just the fact that Boris Iosifovich is selling the property to Anatoly Borisovich
Dmitry Mints: what do you mean?
Sergey Krychenko: What’s the distinction between the forehead and the mouth?
Dmitry Mints: yes
Elena Orlova: Even less pretending than this
Ilya Gulin: A simpler story
Sergey Krychenko: we admit it, that's how it is
Elena Orlova: About what? We didn’t do anything
Dmitry Mints: No, why, as a real-estate activist Boris took a house (meaning “Residential Complex Peredelki”), looked there to sell it, and found someone to sell it to
Elena Orlova: earned
Sergey Krychenko: Do you know what the deal is? Unfortunately, I think everybody knows the history of company AG (i.e. SFO Concept AG) and knows that at one time he (i.e.
Anatoly Chubais ) was its shareholder. Is there no correlation here?Dmitry Mints: who?
Sergey Krychenko: Anatoly Borisovich
Elena Orlova: Everyone who needs to know everything, that’s why our conspiracy
Sergei Krychenko: need to say no
Elena Orlova: our task is to respect the limit
Ilya Gulin: There is a need, it is just that this link (Dmitry Mints is meant) has no added value in the current design that was discussed today, it does not give anything, it raises more questions, it seems to me
Yelena Orlova: And yet it seems to me it is necessary to do without bankruptcy, that’s why also
Dmitry Mints to Ilya Gulin: On the contrary, everything is real, everything is fine
Ilya Gulin: There are debts, the company is interested in recovering its debts
Elena Orlova: And we have no connection between the real estate buyer
(Boris Mints) and this company (JSC SFO Concept AG Switzerland) and the director is not afraid of what he sold cheap and then came to him to sue for bankruptcy, there I just saw letters of this director (Andre Odermatt implied) I think he will have a tantrum.Dmitry Mintz: Appoint another director well
Elena Orlova: They won’t survive another director
Sergey Krychenko: you know it’s not that easy
Elena Orlova: Well, there’s just a story there
Dmitry Mints: everything has a story
Yelena Orlova: Everything has a story, and they have a story here
Dmitry Mints: I don’t know, I think bankruptcy is cleaner
Jelena Orlova: For whom?
Dmitry Mints, Ilya Gulin: for everyone
Yelena Orlova: You don’t care in principle
Dmitry Mints: Probably, well for us, for everybody it seems strange to take a debt and forgive it, I think it’s a very strange topic when you take a debt and just forgive it
Jelena Orlova: You don’t spend money on lawyers
Ilya Gulin: If it’s worth it
Dmitry Mints: yes
Elena Orlova: Well, it’s worth it if it’s worth it, but if you don’t get anything for it, what is it worth?
Dmitry Mints: I’m telling you again, go to any bank, tell them why they bankrupt you if you have no assets, they bankrupt everyone anyway because it’s the right procedure
Jelena Orlova: Well it is right because they have the procedure, but we are not dealing with a bank now
Dmitry Mints: No, but if someone comes to us and asks what you were doing
Elena Orlova: Who will come to you? Tell us who will come to you so we’ll be ready
Ilya Gulin: Wait, you may not agree with the director who is appointed there to perform certain functions
Dmitry Mints: And what is his way out?
Elena Orlova: We say we have a procedure, he has an exit..
Ilya Suchkov: There always is
Dmitry Mints: No, he can file for bankruptcy without asking anybody, he won’t go anywhere
Dmitry Mints: okay let’s say 5 or 4 (meaning millions of U.S. dollars) that’s a pittance under 1,000 U.S. dollars per meter, and under 1,000 U.S. dollars per meter it’s certainly a bit odd
Sergei Krychenko: that’s a bit odd
Elena Orlova: Well, still
Sergei Krychenko: Do we have people who can come and assess the real value of this property (meaning the Peredelki housing estate)?
Ilya Gulin: Any appraisers will tell you that according to the market it costs so much yes, to do it the way you want it should be manipulated so-and-so at the expense of so-and-so
Dmitry Mints: According to the market now it may cost as much as you want
Ilya Gulin: There is no market like that
Yelena Orlova: There is no market for such properties, in principle it is possible to appraise the land approximately, but it is impossible to appraise the size of a house in such a size
Ilya Gulin: There will definitely be no similar offers
Dmitry Mints: No, there will be something of course
Elena Orlova: There won’t be. We have explored this district directly. So still, in the absence of female logic, let’s move on somehow. At what price are we making an appraisal? I take it the appraisers don’t care at all. We had a late 2014 valuation of 5,000,000 (US Dollars implied), after that a big investment of 20 million (US Dollars) was made. The question is what should the valuation be now?
Ilya Gulin: But there was a crisis
Elena Orlova: But the crisis happened in 2014, it does not help
Ilya Gulin: I don’t know 7 (millions of US dollars), it’s above the psychological bar per meter, above the cadastral value, below the 8 (millions of US dollars) which has always been on the radar, but close to it, so 7 (millions of US dollars) would be adequate
Elena Orlova: And how many meters did we count? 5 something (meaning thousands of M2). Very correct, well because all our lower and lower they are very abstract and discussed
Ilya Gulin: I agree
Olga Butkova: I agree
Elena Orlova: and roughly speaking it comes out that all the same it is very cheap and can be at any moment, with anyone. Skuratov will be offended and will say something in the interview
Dmitry Mints: I think that he should be called what’s-his-name, the builder of St. Basil’s Cathedral.
Elena Orlova: Well then we make the estimate in the region of 7 (millions of US dollars), that’s the first one
Ilya Gulin: so draft contracts two, bankruptcy by the end of the week, scheme, terms and details three
Elena Orlova: and we have a run on the money
Sergiy Krychenko: based on all the aforesaid, can you at least say approximately when the manager (
Anatoliy Chubais is meant) will be the owner? Well, roughly at least say Dmitry Mints: in April (meaning 2016)
Sergey Krychenko: In April, yes. Just in April he (meaning
Anatoly Chubais ) should have the money to buy it, right?
Olga Butkova: Well, after repayment of the loan (meaning
Olga Butkova: Well, after repayment of the loan (meaning Boris Mints) in cash, he (meaning Anatoly Chubais) gave it to him in cash first, so we should have non-cash
Dmitry Mints: First of all, about the loan as we talked in September, and it was reconfirmed on Thursday. Well, that’s a runaround too, it’s also a vicious circle
Olga Butkova: No, no, no, the money should be returned to him (meaning Anatoly Chubais) for the run to take place
Sergei Krychenko: this is why we are touching on this subject
Dmitry Mints: wait well in this part
Olga Butkova: Naturally, in this part
Dmitry Mints: No, it’s a run-through
Olga Butkova: Loans from him (meaning Anatoly Chubais) until September (meaning 2016)
Sergiy Krychenko: All right, until September. Please tell me how we will pay from his (meaning Anatoly Chubais) account, with what money, with what we will buy the house (meaning Residential Complex “Predelki”)?
Olga Butkova: We have now said so, Boris Iosifovich (meaning Mints) will pay us back 500,000,000 rubles, which we will pay for, well..
Serhiy Krychenko: A part of the loan will be returned exactly to provide in this way… I have heard everything.
