Kustov

business

Valeriy Kustov, chairman of the board of directors and major shareholder of Russian food conglomerate Group of Companies 'EFKO,' was arrested in Moscow on July 30 amid a criminal investigation into large-scale fraud. He is accused under Article 159, Part 4, of the Russian Criminal Code for theft through deception in an especially large amount, with alleged damages totaling 8.6 billion rubles. According to reports, Kustov controlled his assets through offshore companies registered in Cyprus and the British Virgin Islands.

Events

• A listener who asked street musicians Innokentiy Kustov and Sergey…
• At the end of July, by decision of the Meshchansky District Court of…
• Court Extends Arrest of EFKO Head Kustov
• Moscow Court Upholds Arrest of BitRiver Founder

Recent coverage

• Editor-in-chief of Ivanovo media left post after fine for slander against Center 'E' employees — 7х7 — Горизонтальная Россия
• Street musicians in St. Petersburg fined for performing Noize MC song claim one of the listeners asked them to play it. She could have also filed a complaint with the police — Дождь
• Street musicians in St. Petersburg fined for performing Noize MC song claim one of the listeners asked them to play it — Дождь (Telegram)
• Court in Moscow extended arrest to head of GK "Efko" Valery Kustov — Коммерсантъ
• Arrest of Kustov, head of the board of directors of the "Efco" company, extended until the end of January — Интерфакс
• Kustov, head of the board of directors of "Efco", is accused of embezzlement and fraud, court press service reports. — ТАСС (Telegram)
• One of the defendants in the case of the head of "Efk" Kustov has been declared wanted internationally — Вести
• Defense asked to release SD 'Efko' Kustova under bail — Ведомости
• Generals Alaudinov and Alexeyev guaranteed top manager of "Efco" Kustov — Ведомости
• Generals Alaudinov and Alexeyev guaranteed for billionaire Kustov's daughter-in-law — Вести
• Prosecution submitted request to extend arrest to head of "Efco" Kustov — Вести
• Court refused Ekofont CEO Kustov's request to release from pretrial detention on 3 billion ruble bail — Вести
• Case of Kustov, Chairman of the Board of Directors of Holding «Efco»: Moscow Regional Court approved arrest — Вечерняя Москва
• Court did not release main shareholder of EFKO LLC Kustov on pledge for 3 billion rubles — Коммерсантъ
• RBC: damage in the case of billionaire Kustov amounted to 8.6 billion rubles — Ведомости
• ❗️Efco Board Chairman Kustov Arrested on Suspicion of Especially Large Fraud, TASS Reported in Law Enforcement — ТАСС (Telegram)
• Court arrested Efko Board Chairman Valery Kustov — РИАМО
• Arrest of «Efk» co-owner Kustov and Deputy Minister of Industry and Trade Polovchenko: case on drones — Вечерняя Москва
• Head of the Board of Directors of "Efco" Kustov arrested on charges of embezzlement — Интерфакс
• ⚖️ Court in Moscow arrested head of 'Efco' board of directors Kustov on case of especially large fraud, reports korres... — ТАСС (Telegram)