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MP Sopchuk will challenge the seizure of assets from Terney Zoloto

MP Sopchuk will challenge the seizure of assets from Terney Zoloto
Photo: pixabay.com

Former Speaker of the Primorye Legislative Assembly and State Duma Deputy Sergei Sopchuk will challenge the seizure of Terney Zoloto assets from him. He stated that he was acting within the law.

As the RBC with reference to Sopchuk, from 2011 to 2016 he owned a 23% share in the authorized capital of Terney Zoloto, and took part in its business activities legally. He also said that the company has not yet returned a significant part of his investments.

“In full accordance with the law, I had every right to engage in entrepreneurial activity before joining the State Duma,” the deputy said.

According to the deputy, all loans of 2011-2013 are fully reflected in the declarations of income and property. He admitted that his relatives were and still are among the participants in the enterprise, they provided their own funds as loans. Sopchuk said that after being elected to parliament in 2016, he completely stopped his commercial activities, transferring the share to a relative. Serhiy Sopchuk confirmed his intention to appeal.

On the eve, the prosecutor's office accused Sopchuk and other owners of the company of concealment and secret enrichment. The invested funds helped Terney Zoloto to get gold-bearing areas for development, as well as to find reserves of gold and silver for more than 38,5 billion rubles using geo-exploration. Court confiscated assets ex-speaker of the Legislative Assembly of the Primorsky Territory and State Duma deputy Sergei Sopchuk.

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