The court confiscated the property of the former governor of the Rostov region.

Vladimir Chub served as governor of the Rostov Region from October 1991 to June 2010. He was replaced in this post by Vasily Golubev, who previously headed the Leninsky Municipal District of the Moscow Region. On December 24, 2011, deputies of the Murmansk Regional Duma voted for the candidacy of former Rostov Region Governor Vladimir Chub for the post of Senator from the Murmansk Region.

The Oktyabrsky District Court of Krasnodar upheld the Prosecutor General's Office's claim to seize the assets of several companies controlled by the Kislov family, owners of the Yug Rusi holding company, and Krasnodar developer Boris Yunanov. The court found that Sergei Kislov, with the participation of former Rostov Region Governor Vladimir Chub, illegally disposed of the property of the state-owned enterprise "Rostov Republican Hippodrome," the rights to which were then transferred to Boris Yunanov, the joint press service of the Kuban courts reported today on their Telegram channel.

The hippodrome was a single property complex that included a stadium with racing tracks, 65 administrative and industrial buildings with an area of ​​19,500 square meters. m, utility infrastructure (water and electricity networks stretching 15.3 km), agricultural machinery, and 27 hectares of land in the city center.

"In 2000, Sergei Kislov decided to seize control of the asset, leveraging corrupt connections with the former Rostov Region Governor Chub and his deputy Stanislavov, who bankrupted and then sold the enterprise to Kislov for 7.5 million rubles, with a market value of 2 billion rubles," the press service said in a statement.

In exchange for assistance, Kislov granted Chub's wife and daughter shares in his companies between 2007 and 2010. From their participation in these organizations, both of them illegally earned 23 million rubles in income. Kislov himself did not use the illegally acquired property for its intended purpose and did not invest in its development. Moreover, he obtained loans from credit institutions using the hippodrome's assets totaling over 3 billion rubles.

Kislov used this money to develop his business structure, "Sinko," which operated in the Rostov and Krasnodar regions and consisted of 19 companies. They were involved in bread production, real estate transactions, and securities.

By court decision, 100% of the shares in the authorized capital of Specialized Developer Malugina LLC and Konkur LLC, as well as 25 other commercial organizations, were transferred to the Russian Federation. "The decision is for immediate execution," the statement said.

"Caucasian Knot" also reported that the appellate court rejected the appeals against the verdict of former Rostov Regional Court Chair Elena Zolotareva, her deputy, and two others convicted in the multimillion-dollar bribe case.