Cyprus court froze assets worth about 135 million US dollars of - TopicsExpress



          

Cyprus court froze assets worth about 135 million US dollars of Russian businessman Telman Ismailov (the old Dome Home Fair in Moscow) to the petition and required the company Mangazeya of businessman Sergei Yanchukov. Telman Ismailov alleged corporate borrowing Mangazeya money to invest in real estate projects, but the debt remains unpaid until final maturity in the fall of last year. According to the media, Telman Ismailov business is currently seeking funds to repay debt. As announced, asset freezes including super luxury hotels 7 star Mardan Palace in Turkey on an area of 180,000 square meters, ballroom Safisa 3,000 square meters located on Vorobyevsky in Moscow, AST Hof with 90 rooms in the west of Moscow, the shopping center Marina in Via Garibaldi and a farm on the coast of France. Deputy Director of the international legal matters of the company Mangazeya Roman Zykov said that in 2010 and 2011, the company Tandum, owned by Mr. Ismailov, the company signed with Sezaria (owned by Mangazeya the businessman Sergei Yanchukov) two loan contracts totaling $ 100 million, with an annual interest rate of 10% within one year and two years respectively. Ismailov entrepreneur has plans to invest this money into the business center in Moscow. According to Mr. Zykov, payment deadline has been extended until September 2013. The loan has not been paid, the two sides can not reach agreement with each other, in December 2013, the company Telman Ismailov his Tandum receive notifications estate recovery and required to pay. - Mr. Zykov said. Before 2009, Telman Ismailov was one of the most prominent businessmen in Moscow. He took much of the market shares of Arch, AST Group owns, controls the publisher of the same name, as owner of the restaurant Prague Arbat street, party room Safisa commercial center Voyentorg on the road Krasnaya Presnya in Moscow, hotel Mayak in Moscows Fili, have a stake in the trading hub of Furniture Grand in Khimki, a suburb of Moscow, and plans to build a luxury hotel width 0, 3 hectares on the road Nikitsky Boulevard. In 2008, Telman Ismailov completed the construction of super-luxury 7 star hotel Mardan Palace in Turkey, hotel grand opening ceremony was attended by many international stars such as Richard Gere, Sharon Stone, Monica Bellucci, Paris Hilton ... Former Mayor Yury Luzhkov Moscow and Russian singer Iosif Kobzon popular participation ribbon cutting this hotel. Shortly thereafter, the business of Telman Ismailov began having problems when the market was closed in 2009. Arches Business Centre Voyentorg has been sold to businessman Suleyman Kerimov, then, nor AST Group built Nikitsky Boulevard motel. Area of more than 3,000 hotel rooms in Sochi serve Winter Olympics in Ismailov project was transferred to the group Renova Viktor Vekselbergs business
Posted on: Tue, 28 Oct 2014 07:15:50 +0000

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