Court Upholds 5.5B Ruble Penalty on Rosnanо Ex-Managers

On May 26, the Ninth Arbitration Appeal Court rejected appeals against the ruling of the Arbitration Court of Moscow, which on April 3 granted

Consensus

The Arbitration Court of the Moscow Circuit upheld the decision to recover over 5.5 billion rubles from former top managers of Rosnanо.
The claim is related to the failed Plastic Logic project, which aimed to develop flexible tablets for Russian schools.
The project was initiated in 2009 and ultimately did not achieve its intended goals.
The court rejected appeals (including cassation and appellate) filed by the former managers.
The case was heard in a closed session, with the court granting Rosnanо's request for closed proceedings.
Rosnanо sought to recover damages from the former managers for their role in financing the project.
Rosnanо also requested and obtained enforcement measures, including asset freezes on the defendants and their close relatives.

The amount claimed is 5.5 billion rubles, and the case involved a closed judicial session. — vm
The amount claimed is 5.5 billion, and the court upheld the decision after a prior appellate ruling in May. — vesti
The amount claimed is 5.6 billion rubles, and the court explicitly stated that the decision was upheld without change, with the cassation appeal denied. — interfax
Marina Zakharova mocked reports about Chubais relocating to a beauty salon in Israel, which houses the Center for Russian Studies. — vm
On January 30, 2025, several deputies of Chubais were detained in Moscow. — vm
The court excluded Nikolai Tychinin from the list of defendants, as the claim was not satisfied against him. — interfax
Rosnanо initially sought 3.89 billion rubles and $20.45 million, but the final amount was 5.6 billion rubles. — interfax