Valeriy Kustov

business

Valeriy Kustov, the founder and major shareholder of the Russian food conglomerate EFKO, was arrested in Moscow on July 30 and has been held in detention since. He is accused of fraud and misappropriation in a particularly large sum, specifically related to the procurement of drones under the national project 'Unmanned Aerial Systems,' with damages estimated at 8.6 billion roubles. The Moscow City Court upheld his arrest, and his detention has been repeatedly extended, most recently until January 29, 2027. Kustov is also alleged to have orchestrated the purchase of drones from China and false…

Events

• Court Extends Arrest of EFKO Head Kustov
• Moscow Court Upholds Arrest of BitRiver Founder

Recent coverage

• Shareholders of "Efco" will appeal the extension of their arrest — Интерфакс
• Court in Moscow extended arrest to head of GK "Efko" Valery Kustov — Коммерсантъ
• Court extended arrest on head of SD "Eko" Kustov — Ведомости
• Arrest extended for head of "EFCO" Valery Kustov and other defendants in the embezzlement case — Вести
• Arrest of Kustov, head of the board of directors of the "Efco" company, extended until the end of January — Интерфакс
• 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
• Prosecution submitted request to extend arrest to head of "Efco" Kustov — Вести
• Court refused to release founder of GK "Efco" on bail of 3 billion rubles — Коммерсантъ
• 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
• Damage in the case of Valery Kustov assessed at 8.6 billion rubles — Дождь
• In Moscow, billionaire Valery Kustov arrested — main shareholder of Efko Meshchansky Court of Moscow arrested the main shareholder of Efko, billionaire Valery Kustov... — Дождь (Telegram)
• Billions in the case of the owner of 'Efco'. It has become known what amount the investigation calculated — Фонтанка
• RBC: damage in the case of billionaire Kustov amounted to 8.6 billion rubles — Ведомости
• 🕐 What happened in Russia and the world — Люди Байкала
• The court has detained the CEO of 'Efko' Lyashenko on charges of fraud — Ведомости
• Confused Chinese drones for their own. The Moscow court detained the CEO of 'Efko' — Фонтанка
• Court arrested Efko Board Chairman Valery Kustov — РИАМО