Moscow’s Khamovnichesky Court imposed a security arrest on the property of Rosagro founder and former senator from the Belgorod region Vadim Moshkovich, including shares of the agricultural company itself, a participant in the operation told Interfax.
In addition to Moshkovich’s assets, the court confiscated the properties of the former general director of Rosagro Maxim Basov, as well as people associated with them. This is what the Russian Prosecutor General’s Office demanded.
The Prosecutor General’s Office estimated the value of the suspended Rosagro shares at more than 1.174 billion rubles. Rusagro is one of the leading agricultural holdings in Russia. Interfax wrote that the group’s revenues in 2025 amounted to 396.5 billion rubles, and in 2024 – 340 billion rubles.
The Prosecutor General’s Office had previously filed a lawsuit demanding that Moshkovich and Basov’s assets be transferred to the state. Moshkovich’s wife, Natalia Bykovskaya, former top director of Rusagro and Razgulyai agricultural holding Sergei Trebunsky, Financial Resource LLC and Profit LLC industrial and trading company, were also named as defendants in the lawsuit.
while requires Nationalization of the division – 469 million shares of PJSC Rusagro Group owned by Moshkovich, as well as the assets of other defendants, as well as persons and companies associated with them.
The Prosecutor’s Office alleges that Mošković, while serving as a senator from 2006-2014, continued to do business despite the ban, and also transferred his companies’ profits abroad through offshore companies.
Moshkovich and Basov have been detained since March 2025 on charges of fraud and abuse of power. Later Moshkovich, whose fortune was made by Forbes resides $2.9 billion and was additionally accused of offering bribery. Businessmen do not admit guilt.
After the start of the war with Ukraine, property in Russia is redistributed. The authorities are already nationalizing the assets of some foreign and local private companies. The Financial Times reported that Arkady and Boris Rotenberg, friends of President Vladimir Putin, are one of the main beneficiaries of nationalization in Russia.