The court has blocked one of the largest privatization deals

A sign on the office building of the diamond mining company “ALROSA”

That is one of the largest privatization transactions of the Federal-2015 — sale of state block of shares “daughters” ALROSA “Diamond world” starting price of RUB 740 million. blocked by the court, wrote on Tuesday the newspaper “Kommersant”. It is about a decision made by a judge of the Arbitration court of Moscow region Julia Galaway.

Available publications was a letter in which the Chairman of this court Andrey Solovyov recognizes substantiated the claim of the seller — the Russian auction house (RAD) on the actions of the judge Agaltseva.

In his address to the leadership of the court, qualification Board of Moscow region and the Prosecutor General Yuri Chaika GLAD complained about disrupted because of the actions of the judge agaltseva the auction, which December 30 were to be sold 52% shares of the “Diamond world”.

In the complaint it was noted that the tender for privatization was submitted four applications are listed and the makings that give a good chance to increase the price during the auction. However, on December 28 last year, the aGal’tseva judge granted the request of a shareholder of the company Ivan Vaschenkova interim measures, prohibiting conduct the auction. The decision was made due to not related to the trades dispute of the plaintiff with another shareholder Alexei Shynkaruk, writes the edition.

GLAD argued that the judge’s decision Agaltseva aimed at “freezing the rights of the Russian Federation by disposal of property what was the damage to the Russian budget in especially large size”.

The address also stresses that, even though an appeals court overturned an interim measure, acknowledging the judge’s decision agaltseva the unlawful re-tender for the privatization of “Diamond world” (the Ministry of economy planned to hold them in February and March 2016) were thwarted because of the refusal of the bailiff to cease enforcement proceedings to block the transaction.

According to the publication, the management of the Arbitration court of Moscow region has directed to qualifying Board of judges of Moscow region “the idea of bringing judges to disciplinary responsibility”. According to the law “On status of judges” the Board may issue to the judge a remark or warning, and in exceptional cases (including taking into account the state suffered damage due to the cancellation of the transaction) — to terminate its powers.