Owner of KS-Trust Vyacheslav Rudnikov claims that his company is undergoing a system corporate raid. KS-Trust owns commercial office real estate in Moscow and several other cities of Russia of approximately 60 million dollars.
The company’s 100% founder is Cypriot company Kapenda. Vyacheslav Rudnikov is beneficial owner of Kapenda and holds 76% in it. Other 24% are conceivably held by his former business partner Rilwan Bamgbala. According to the people quite familiar with the situation, the relations between the former partners are very intense. Rudnikov brought an action against Bamgbala for fraud and his larceny of Rudnikov’s assets of another company – Veterra engaged in restaurant business – and now the case is being investigated. Currently Bamgbala is hiding out in London.
Vyacheslav Rudnikov supposes that Bamgbala turned to professional raiders to seize the assets of KS-Trust. And the essential role in the corporate raid was played by the nominee directors of Kapenda.
Vyacheslav Rudnikov says that he became a victim of the nominee directors’ actions who removed him from administration and making decisions. They issued powers of attorney to third persons, says Rudnikov, “who fight me in Russian courts on behalf of my company”. Furthermore, according to Rudnikov, the said persons allowed theft of his shares in Kapenda, as a result of which for five days Kapenda’s owner was Eric Simon, and then Cordic Davor.
Currently Cypriot court imposed a prohibition on any changes made by anyone in Kapenda and KS-Trust without Rudnikov’s knowledge. In Russia on the 24th of February 2012 criminal case No. 148058 was initiated concerning the corporate raid on KS-Trust.
“Recently, — continues Rudnikov, — Artem Olegovich Boksha showed up who under a power of attorney issued by one of those cheat directors transferred the shares of KS-Trust to Seychelles company Intersoft United Ltd. As I know, they did it through N.V. Kolyabin, acting for notary of Moscow V.G. Milevskiy. Boksha has filed documents for registration of a “new owner” to Interdistric Inspectorate of the Federal Tax Service No. 46 of Moscow”.
Then, according to Rudnikov, Boksha initiated criminal proceedings concerning the fact that Rudnikov had caused damage to his own company. Experts say it is a common method of raiders and cheats: on the one hand they cut off the owner of the assets being captured not to allow him to protect them, on the other hand using corruption ties in the law enforcement authorities and security agencies they push the owner not to allow him to defend.