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Legends MMA promoter arrested by FSB special forces in Russia for embezzling $12 million
- Updated: June 3, 2016
Ruslan Suleymanov, once believed to be the man who would help the Ultimate Fighting Championship host an event in Russia, has been arrested for embezzling funds from a state corporation.
Suleymanov, the former head of the defense company “Prompostavka” and President of Club Martial Arts N1, was arrested on Wednesday, May 30, along with former Director General of Moscow Design Bureau “Compass” Murad Safin. Officials later announced that a total of four suspects had been detained by operatives. The operation was carried out by Moscow’s Economic Security Service, in cooperation with the Federal Security Service (FSB) and the UEBiPK Research Affairs staff. According to reports, the businessmen were accompanied from their homes by numerous guards, including the FSB special forces and riot police — now part of the National Guard by presidential decree.
According to a representative of the Interior Ministry, the well organized group of executives acquired foreign trade contracts for the supply of civil and military purpose products by negotiating and operating under fake companies over a five-year period between 2011 to 2016. During that time, Suleymanov and his associates allegedly embezzled 800 million rubles (approx. 12 million USD) from the state.
Russian outlet “Kommersant” reported that the decision to remove Suleymanonv and Safin from their respective positions occurred in late 2015. The board members opted to vote the executives out of their positions after audit reports showed “obvious embezzlement.” However, the “Prompostavka” board decided to suspend the …
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