UzAuto Motors Powertrain CEO Bo Inge Andersson was fined 5% of his salary. reports capital.uz.
“The reason for the penalty was that he did not take the necessary measures for the timely payment of receivables from foreign trade transactions,” the publication said.
Bo Andersson has been leading UzAuto Motors Powertrain and UzAuto Motors since August 2021. He was previously president of AvtoVAZ from 2013 to 2016.
Before that, the St. Petersburg City Court Approved The decision to recover the assets of the Rolf car dealer in favor of the state in the case filed by the Prosecutor General’s Office of the Russian Federation.
At the end of June 2019, the Investigative Committee of Russia opened a criminal case against the head of the car dealership Rolf Sergei Petrov, the former general director of the car dealership Tatyana Lukovetskaya, the director of the Cypriot company Panabel Limited Georgy Kafkalia, as well as Anatoly Kairo. The first three were arrested in absentia and put on the wanted list, while Kairo was placed under house arrest.
According to investigators, Anatoly Kairo participated in the implementation of a criminal scheme organized by Petrov in 2014. Businessmen transferred 4 billion rubles of money obtained from commercial activities to the accounts of a Cyprus company controlled by Petrov.
In May 2024, Petrov announced that he plans to file a lawsuit over the company’s nationalization in the Russian Federation.
Previously Volkswagen filed Appeal in case of recovery of 16.9 billion rubles in favor of GAZ.
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Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.