Cyprus extradites to Russia Vyacheslav Shimkevich, charged with the embezzlement of Tomskneft’s properties, the subsidiary company of Yukos, BBC reports.
Shimkevich was extradited to Russia on Wednesday, Spokesperson of the General Prosecutor’s Office Alexander Kurennoy said.
From March 2005 to May 2006, Shimkevich “was the actual owner and, at the same time, the deputy director of Rekma VG LLC and “was involved in the embezzlement of properties” of the oil producing company Tomskneft, as well as the legalization of money funds, as it is said in the message.
Shimkevich was put on the international wanted list in October 2008. In August 2013, the Samara Oktiabrsky District Court found him guilty of aiding and abetting embezzlement and legalization of criminally obtained proceeds and sentenced him in absentia to five years in the general regime colony.
Along with Shimkevich, his colleague Natalia Konovalova, extradited to Russia from Cyprus in 2015, was found guilty on the same charges.
The General Prosecutor’s Office sent the request for extradition of Shimkevich in April 2009. In April 2012, Larnak court denied extradition. The decision was appealed.
Shimkevich and Konovalova headed Rekma VG, which, according to the investigators, purchased oil from Tomskneft by 20% less than the market price, under “fictitious agreements” in 2005. At that time, Sergei Shimkevich, the cousin of Vladislav Shimkevich, managed Tomskneft OJSC.
According to the Prosecutor’s Office, the amount of funds, embezzled from Yukos’ subsidiary, is estimated at 1.5 bln rubles.
In addition, according to the Prosecutor’s Office, the accounts of Rekma VG were used for redistribution of illegally obtained 36.2 mln rubles, which were transferred to the accounts of the firm as the distribution of profit of Tomskneft-Service LLC and then transferred to the accounts of Rekma’s directors.
In the interview to Vedomosti in 2006, Konovalova confirmed that her company worked with Yukos; however, she insisted that Rekma VG purchased oil at the market price.
In 2011, Shimkevich’s cousin Sergei was sentenced to 12 years of imprisonment for fraud. In 2013, the court satisfy its petition about the release on parole.