How swindler Andrey Sidorchuk stole the entire Lugcentrokuz enterprise

cbljhxerOn July 8, Andrey Vladimirovich Sidorchuk was unanimously removed from the post of Chairman of the Supervisory Board of PJSC Lugcentrokuz im. S.S. Monyatovsky by shareholders.
Many people ask me about this and ask about the essence of “corporate conflict”.
Let me answer straight away: there is no "corporate conflict." There can't be, since LugCentroKuz is 99,8% owned by our family.
The conflict was initiated by Andrey Sidorchuk, whom we appointed Chairman of the Supervisory Board in 2007, and over the years he obviously misunderstood his position... and believed that the Private Joint Stock Company with my father's worldwide reputation had become his.
In 2014, after the start of the military conflict in the east of the country and the recognition of the city of Luhansk as "occupied territory," we effectively lost the ability to be present at the plant and monitor its operations.
Andrey Sydorchuk also left Luhansk, taking the administrative part of the office with him to Kyiv. He stopped responding to questions and even official inquiries from the owners about the state of production and the company's financial and economic activities.
He stopped paying for a loan of 13 million US dollars received in 2011 from the European Bank for Reconstruction and Development, citing force majeure and “occupation of territory.”
However, as it turned out, Andrey Sidorchuk simply did not have time for these trifles.
He has a more global plan: to remove (or, more simply, steal) equipment from the S.S. Monyatovsky Lugcentrokuz PJSC at any cost and transport it to Russia, where a staging area for the move has already been prepared.

 

To this end, he allegedly borrowed tens of millions of hryvnias from his childhood friend, Artem Zakhozhy (who works as a sound engineer for some TV channel), on behalf of the plant. And now he's going to court to pay him back with the plant's equipment. Are you kidding? But the judges of the Troitsky District Court in Luhansk Oblast handled this case very "seriously" and quickly. Thank God, we learned of this "scam of the century" and our lawyers intervened, preventing their friends from doing so.
But Sidorchuk's enthusiasm hasn't waned, because in Russia, a similarly organized plant is waiting for equipment, and offshore companies in Cyprus (registered to the same sound engineer) are awaiting reinforcements...
Now our "modern-day Bender" has hired the scandalous law firm "Alekseev, Boyarchukov & Partners" to completely bankrupt the enterprise and, in the same manner, seize the plant's fixed assets for its Russian entities to pay off the debts. This law firm is renowned for such bankruptcies. In the process, they erase all traces of economic crimes throughout the entire period of "business activity."
To do this, an LLC was registered with all the signs of a fictitious company (one employee is a young IT specialist - he is also the director, he is also the accountant, without any accounting entries), with an authorized capital that was used to buy out the debt from our counterparty.
And now (attention!), it's Soliciter LLC that's filing for bankruptcy against LugCentroKuz for a debt of 500 hryvnias. And the Ukrainian judges of the Kyiv Regional Commercial Court are very promptly assisting them with this (but that's the subject of a separate post).
The employees of the private joint-stock company haven't been paid for months, blaming it on difficulties and bankruptcy. By "difficulties," Sidorchuk likely refers to the construction of an apartment building in the elite village of Belogorodka near Kyiv. Funds for the construction are being allocated from the company's accounts, and the land beneath it is prudently registered to his brother, Alexey Vladimirovich Sidorchuk, and the plant's financial director, Leonid Vladimirovich Eikhman.
This is what a “corporate conflict” is like.

Maria Monyatovskaya

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