The court has left the property of the TIS group in Pivdennyi port under arrest in the case of businessman Fedorychev

The court has left the property of the TIS group in Pivdennyi port under arrest in the case of businessman Fedorychev

The Kyiv Court of Appeal has left under arrest the port assets of the TIS stevedoring group owned by Hungarian businessman of Russian origin Alexey Fedorychev.

This became known from the NABU criminal proceedings No. 52017000000000166, which has been under investigation since 2017. The case has now been transferred to the National Police.

The Kyiv Court of Appeal dismissed the complaint from the owner’s representatives and upheld the arrest of a significant portion of the TIS group’s property in Pivdennyi Port. Under arrest are grain warehouses, transshipment complexes, and other real estate belonging to LLC «TIS-Grain» and LLC «TIS-Mineral Fertilizers». The sole owner of both companies is Hungarian citizen Alexey Fedorychev (businessman of Russian origin, native of Krasnogorsk).

What exactly has been arrested:
- Grain floor storage warehouse with a capacity of 120 thousand tons (area over 12 thousand sq.m);
- Share in the single property complex for grain transshipment at berth No.16 (88%);
- Cleaning and drying unit;
- Complex of buildings and structures at berth No.17 (area over 51.5 thousand sq.m);
- Apartment in Kyiv with an area of 41.59 sq.m.

Fedorychev is suspected of organizing a large-scale scheme to misappropriate grain from JSC «State Food and Grain Corporation of Ukraine» (SFGCU) in 2014. According to the investigation, he, together with accomplices (financial director of LLC «Transinvestservice», deputy director of LLC «TIS-Grain», and representative of a Cypriot company), concluded a series of fictitious contracts for the supply of barley and wheat. SFGCU shipped the grain to seagoing vessels allegedly for LIRTAVIS ENTERPRISES LTD (Cyprus). The grain was quickly resold to real buyers (including Saudi companies), and the funds, instead of payment to the state corporation, were withdrawn through a chain of foreign firms under the guise of «transport services» and «freight».

In total, according to the investigation, grain worth $60.56 million was misappropriated. In addition, there is suspicion of legalization (money laundering) of income amounting to over $45.8 million.

Lawyers of OSOBI_12 argued that the arrest is illegal, as their client has not yet received the suspicion notice in person. The businessman permanently resides in Monaco, and previous attempts to serve him the suspicion via international legal assistance failed — Monaco authorities refused to consider the case as criminal, viewing it as an economic dispute.

The Court of Appeal did not agree with these arguments. The judges found that the investigation had taken all measures provided by law to serve the suspicion, and at the stage of imposing the arrest, a reasonable suspicion and the risk of loss of property are sufficient. The issue of final guilt will be resolved only during the trial on the merits of the case.