IAE MATERIAL
Transneft PJSC
Recipient of the Magomedov group’s stake in NCSP in the 2018 transaction; named in international proceedings in connection with the claimants’ allegations about the circumstances of the asset transfer.
Role in the Case
Recipient of the Magomedov group’s stake in NCSP in the 2018 transaction; named in international proceedings in connection with the claimants’ allegations about the circumstances of the asset transfer.
Key Dates
- 2018 — Transneft group entity acquires a stake in NCSP.
- 2018 — Ziyavudin and Magomed Magomedov arrested.
Involvement
A Transneft subsidiary acquired the Magomedov group’s indirect 25.05% stake in NCSP. In international proceedings, the Magomedovs dispute the circumstances in which they lost several assets and allege that the actions were coercive. These claims remain the subject of ongoing international proceedings.