Bank Sergei Mahla stopped working due to investigative actions :: Finance :: RBC

Tolyattihimbank, owned by Sergei Makhlay — the basic owner of one of the largest manufacturers of ammonia in the world of “Togliattiazot”, September 11 stopped working due to investigative actions

Photo: thbank.ru

Tolyattihimbank, 100% owned by the main owner and Chairman of the Board of Directors of “Togliattiazot” Sergei Makhlay, September 11 suspended the work because of the “actions of the investigating authorities”. “I hope that by the evening all will be over and September 12 we will continue work in a usual mode”, — stated in the message on the website of the credit organization. The Bank apologized to customers for the inconvenience the incident “not his fault”.

As reported by the foster Bank the morning of September 12 investigations with the Bank continued. “Our head, the Chairman of the Board of Bank Andrey Drobotov, now they [law enforcement] speaks on the first floor,” the Bank said. On his page on Facebook on the suggestion of one of the users that investigative actions are connected with the Affairs of “Togliattiazot”, Drobotov replied, “of Course, TOAZ”.

As have informed RBC in the press service of the FSB, the Bank employs the staff of the Central office of the Investigative Committee. RBC sent a request to the SC.

Tolyattihimbank, according to the portal Banki.ru that is a 154-th place by assets among Russian banks. According to the website of the Central Bank, he is 100% controlled by Sergei Maklaem the son of the longtime head of “Togliattiazot” Vladimir Mahla. According to the SPARK database, 73,82% of the company now owned by JSC “Volgocemmash”, which, in turn, at 90.8% belongs to Tolyattihimbank.

The representative of “Togliattiazot” told RBC that he was aware of the searches in the Tolyattihimbank only from the media. According to him, the managers of Togliattiazot in connection with these searches is not questioned.

“Togliattiazot” for many years the ongoing conflict between the shareholders. In 2008 URALCHEM Dmitry Mazepin acquired nearly 10% of the company “Renova”. And in 2012, according to the statement of URALCHEM initiated a criminal case of fraud by the defendants which were and Vladimir Makhlay, his son Sergei. Now they are arrested in absentia and is wanted internationally. According to investigators, in the past few years, “Togliattiazot” exported ammonia and urea through the company Ameropa and Nitrochem Distribution (belonged to Andreas Tsivi, the son of long-time partner Vladimir Mahla Felix Civi). As a result, “Togliattiazot” was damaged in the amount of $550 million At the end of December the Prosecutor General’s office sent the case to the Komsomol district court of Tolyatti.

In recent years, several times reported about the impending sale of “Togliattiazot”. In September, the readiness to buy 51% of the company through his Foundation Credit Mideterranee said Kirsan Ilyumzhinov, which even became President of the company. However, after Ilyumzhinov came under U.S. sanctions, he refused the deal. In June 2017, Vedomosti, citing several top managers of large companies and Federal officials reported that 71.5% of “Togliattiazot” looking for a buyer — mandate for the sale were “Renaissance capital”, said the publication. However, Vladimir Makhlay denied this information, stressing that the shares of the company, his family doesn’t ever sell because it is “his blood.”

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