Kabakov Eduard Feliksovich

Kabakov Eduard Feliksovich

Biography

2024: Declared Bankrupt

On September 24, 2024, the Arbitration Court of the Republic of Tatarstan, at the request of the state corporation Deposit Insurance Agency (DIA), declared the former general director of the Nasko insurance company Eduard Kabakov bankrupt. According to the decree, a procedure for the sale of his property has been introduced.

Earlier, in response to the appeal of the DIA, the court decided to recover losses in the amount of 1.6 billion rubles from the persons who controlled the named insurance company. The defendants included Kabakov, ex-beneficiary Alexander Kondratenkov and director of the Moscow branch of Nasko JSC Alexander Muratov.

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The basis for their prosecution was the illegal withdrawal of assets from the organization. It is noted that Kondratenkov was the beneficiary of six insurance companies: JSC SK Opora, LLC SK Vector, LLC SK Angara, LLC SK Trudstrakh, LLC SK Respect, JSC Nasko. Licenses for insurance activities from organizations were revoked from December 2016 to May 2019. The DIA was appointed the bankruptcy trustee.

On June 24, 2024, the court recognized the DIA's application for Kabakov's bankruptcy as justified, initiating the procedure for restructuring his debts. The company's claims in the amount of more than 880 million rubles were included in the register of claims of Kabakov's creditors.

The Bank of Russia revoked Nasko's insurance licenses in 2019 due to a "systematic violation of the rights and legitimate interests of insurance consumers." In October of the same year, the Central Bank announced that the interim administrations of Nasko, SK Opora, SK Angara and SK Trudstrakh had identified coordinated actions aimed at withdrawing assets. They were carried out through "transactions for the purchase and sale of securities, real estate, the assignment of claims, the transfer of insurance portfolios, the provision of loans, as well as the transfer of funds to trust."^[1]

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