News

21.08.2009

Extradition of Russian Citizen Ivan Tsymbarevich, Charged with Economic Crimes, from Germany to Russia

Today, upon request of the Prosecutor General’s Office of the Russian Federation, the competent German authorities extradite Russian citizen Ivan Tsymbarevich. The investigative authorities charge him with the commission of crimes provided for by Article 327, part 2 (forgery of an official document), Article 171, part 2, para. “b” (illegal entrepreneurship), Article 174.1 (legalization (laundering) of proceeds of crime) of the Criminal Code of the Russian Federation.

The criminal case against Ivan Tsymbarevich is under investigation by the Investigative Unit of the Investigative Department under the Department of Internal Affairs for the Central Administrative District of the city of Moscow.

The investigation revealed that in October 2007 I.Tsymbarevich registered a limited liability company in the city of Moscow named MegaStroi having entered false data concerning its address, members and Director General in the incorporation instruments.

Then, I.Tsymbarevich on behalf of the Director General of MegaStroi opened an account with one of the Moscow banks. Between October 2007 and August 2008, using that bank account he performed financial transactions and gained profit of RUB 38 million. Thereafter, I.Tsymbarevich legalized a part of the funds amounting to about RUB 1 million having invested them to acquire a promissory note at nominal value of over RUB 10 million.

In February 2009, I.Tsymbarevich was put on international wanted list. In April 2009, he was detained in Germany.

In May 2009, the Prosecutor General’s Office of the Russian Federation submitted a request for extradition of I.Tsymbarevich to the competent German authorities, which was satisfied in August 2009.

Today, I.Tsymbarevich have been extradited to Russia under the escort of the Russian Interpol Bureau and the Federal Penitentiary Service officers.