Geryugov Valery Aslanbekovich

Geryugov Valery Aslanbekovich

Education

He received his higher education at the military tank school in Tashkent.

Biography

Geryugov Valery Aslanbekovich was born on March 23, 1963 in the city of Cherkessk, KCR.

2014-2017

On April 11, 2014, Valery Aslanbekovich Geryugov continued to work as the general director of Visma Management Company and was its only beneficiary. It was Geryugov who became the creator of the Arkhyz water trademark, which was produced by Visma.

At the end of May 2016, Sberbank filed a lawsuit declaring Geryugov bankrupt. The companies included in the Visma group owe the bank 1.8 billion rubles, and the guarantor for these loans is personally Valery Geryugov, the owner and general director of the group. The total debt of companies, according to Geryugov, reaches 2 billion rubles, the Arkhyz brand, like the production assets of the Visma group, is pledged by Sberbank, enterprises record a collapse in sales of mineral water.

For 2016, the 53-year-old business owner with a billion-dollar turnover lived in his hometown of Cherkessk, in a spacious but not amazing house, went to work every day and was philosophical about difficulties.

"I'm doing great, I think," he told Money. "This is a business, it's striped: there is a white stripe, it can be dark. I don't see^[1] getting upset about this^[1]

By 2017, Sberbank sold the assets of Visma to Delta LLC, which became the owner of the Arkhyz brand, and Geryugov launched a new project - the production of Sofia Gornaya water through the Sofia Spring company.

2023

Detention in Moscow in a fraud case worth 1.8 billion rubles

On January 11, 2023, the Kommersant newspaper reported an "unexpected turn" in the criminal case of Valery Geryugov, who was recently released from the colony, where he was serving time for fraudulently stealing a loan from Sberbank worth 1.8 billion rubles, but almost immediately again ended up in the dock. Now the entrepreneur is accused of deliberate bankruptcy and the withdrawal of assets worth 1.47 billion rubles from Visma (a former producer of mineral water Arkhyz).

Valery Geryugov

According to the publication, the new criminal case against Valery Geryugov concerns a number of transactions concluded with his direct participation as a beneficiary and general director of Visma CJSC in 2012-2013. According to the Ministry of Internal Affairs, it was these frauds that led to the bankruptcy of the enterprise. In particular, with the help of these contracts, many of which were declared invalid or null and void by arbitration courts, large funds were withdrawn to the accounts of one-day firms.

In January 2023, the Cherkess City Court refused to extend the arrest of the property of Master Plus LLC, which was associated with Visma (a former producer of mineral water Arkhyz) as part of a criminal case on intentional bankruptcy (part 1 of article 196 of the Criminal Code of the Russian Federation). According to the publication, Valery Geryugov is introduced to the person involved in the case. The investigation believes that Geryugov used the Master Plus company in illegal schemes. According to Kommersant, after the bankruptcy of Visma, it was at this production site that he was going to organize the production of mineral water called Sofia and even managed to produce several trial batches.

Earlier, restrictions on actions with assets were imposed at the request of a senior investigator of the Investigation Department of the Ministry of Internal Affairs of Karachay-Cherkessia. They included land plots owned by Master Plus LLC on the Pyatigorsk highway of the capital of the republic with warehouse and production premises and a compressor station. Their cadastral value is more than 170 million rubles, but the market value, as the participants in the process assume, may be several times higher.^[2]

5 years in prison for intentional bankruptcy of an enterprise

In early April 2023, the Cherkess City Court sentenced businessman Valery Geryugov. The former owner of the group of companies Visma"," which produced popular mineral water Arkhyz"," was found guilty of deliberate bankruptcy of the named enterprise.

According to the investigation, according to the Kommersant newspaper, during the deliberate bankruptcy of Visma, assets worth almost 1.5 billion rubles were withdrawn. As part of the trial, representatives of the prosecutor's office requested for Geryugov five years and seven months of general regime, a fine of 770 thousand rubles and demanded that a claim for the amount of damage caused be satisfied against him (it was declared by Sberbank, which was recognized together with a number of creditors as a victim).

Ex-owner of "Arkhyz" found guilty of deliberate bankruptcy of the enterprise

During the litigation, part of the debt was transferred to other structures within the cession, and the damage, respectively, decreased to 801 million rubles. However, the court decided that the claims of the victims should be considered in the framework of civil proceedings, Kommersant reports.

It is said that the court also removed the arrests from land plots belonging to Master Plus LLC on the Pyatigorsk highway of Cherkessk: this enterprise, according to the case file, was used by Geryugov in illegal schemes. But the financial claims against the defendant were not satisfied.

In the case of intentional bankruptcy (part 1 of article 196 of the Criminal Code of the Russian Federation), Valery Geryugov was sentenced to imprisonment for a period of four years and nine months with serving in a general regime colony (the maximum possible punishment under this article is six years). In addition, a fine of 900 thousand rubles was imposed.

Kommersant adds that Valery Geryugov was previously released from the colony, where he was serving time for fraudulent theft of a Sberbank loan worth 1.8 billion rubles.^[3]

Notes