Former billionaire was sent to colony for 19 years

The Meshchansky Court of Moscow sentenced the founder of the Ziyavudin Magomedov group to 19 years in prison, Russian media reported.

His brother, former member of the Federation Council Magomed Magomedov received 18 years in prison.

Earlier, the Magomedov brothers were found guilty of creating a criminal community and theft of 11 billion rubles. Due to the large volume of the case, the sentence announces for several days.

At a meeting on December 1, the court also satisfied the claims to the defendants of the case of 3.6 billion rubles.

The prosecution required 24 years in prison for Ziyavudin Magomedov, for Magomed Magomedov – 21 years of colony.

Earlier, Ziyavudin Magomedov was one of the richest people in Russia. In 2011, Forbes estimated his fortune of three billion dollars.

Moscow Times recalls that the Magomedovs were arrested in 2018. According to investigators, they created an organized crime group and committed theft during operations with land, real estate and equipment, including in preparation for the World Cup, which took place in Russia four years ago.

Earlier, the Khamovnichesky District Court of Moscow seized $ 750 million in favor of the state. This was the largest confiscation in the history of Russia. Before the arrest, Ziyavudin Magomedov was one of the richest people in the country. In 2017, Forbes estimated his fortune at $ 1.4 billion

The Magomedov business empire blossomed during the presidency of Dmitry Medvedev, the publication points out. In 2012, the cost of assets Ziyavudin Magomedov, the main owner of the Sum, reached $ 900 million, in 2014 – $ 1.2 billion, and in 2017 – $ 1.4 billion. It received a share in the “United Grain”, the FESCO transport group. , The Yakut fuel and energy company, became the owner of the terminal operator in the port of Rotterdam.

The entrepreneur studied with the former deputy prime minister of the Government of Medvedev Arkady Dvorkovich at Moscow State University. The criminal case against the brothers was associated with Medvedev’s loss of political positions and their claims to power in Dagestan without coordination with the Kremlin.