Arbitration Court of Moscow has satisfied the claim of Fesco against Ziyavudin Magomedov and a number of companies for ₽80.1 billion and $13.8 million. Magomedov and other Fesco shareholders had taken loans from the company to repay their debt for the purchase of its securities. Since these debts are not being serviced now, the management, taking into account the interests of all shareholders, decided to collect the funds through the court.
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