INSUBCONTINENT EXCLUSIVE:
State district attorneys submitted a civil suit against senior Dagestani authorities Magomed-Sultan Magomedov earlier today as part of an
ongoing investigation into alleged illegal privatization.Magomedov, who has acted as Dagestans state secretary since 2021, was reportedly
arrested on Wednesday in Makhachkala following searches at lots of homes linked to him and his family
Telegram channels with links to Russian security services said the examination includes the alleged illegal privatization of the petroleum
distributor Dagnefteprodukt in 2005
According to Russias judicial database, the countrys deputy prosecutor submitted a civil fit Monday versus Magomedov, 5 individuals four of
whom share his patronymic and 2 business
3 other business were listed as third parties in the case.The claim did not define the legal grounds or charges involved.Dagestans court
press service told state-run media authorities are wanting to seize an oil refinery owned by the Magomedov household and move it, together
with other possessions, to the state.Magomedov acted as CEO of Dagnefteprodukt from 1991 to 2005
The business was restructured in 2021 and now runs as Kaspetrolservis, which is called as one of the 3rd parties in the suit.Kaspetrolservis
becomes part of MSB Holding, a company headed by Magomedovs kid, Magomed Magomedov, according to the RBC news site
MSB Holding and the younger Magomedov are both listed amongst the eight defendants.Later on Thursday, the Sovetsky District Court in
Makhachkala sided with prosecutors and ruled tonationalizeKaspetrolservis.A federal official acquainted with the case described Magomedov to
RBC as one of Dagestans most influential figures, keeping in mind that law enforcement had actually refrained from acting against him for
years for various reasons despite longstanding concerns.The Kommersant business newspaper reported that Magomedov received a governmental
certificate of honor from Dagestan local head Sergei Melikov on June 12, less than 2 weeks before his arrest
Melikovs office said Wednesday that it is cooperating with police in the investigation.Preliminary hearings in the civil suit are set up for
July 10 at the Sovetsky District Court.
