{"id":10848,"date":"2026-09-23T17:33:20","date_gmt":"2026-09-23T14:33:20","guid":{"rendered":"https:\/\/iae-association.com\/human-stories\/ziiavudin-magomedov-summa\/"},"modified":"2026-09-23T17:39:44","modified_gmt":"2026-09-23T14:39:44","slug":"ziiavudin-magomedov-summa","status":"publish","type":"iae_story","link":"https:\/\/iae-association.com\/en\/human-stories\/ziiavudin-magomedov-summa\/","title":{"rendered":"Ziyavudin Magomedov \u2014 Summa Group"},"content":{"rendered":"<p>Ziyavudin Magomedov founded the Summa Group. His story is linked to the group\u2019s assets, FESCO, and its stake in Novorossiysk Commercial Sea Port (NCSP).<\/p>\n<p>Ziyavudin and Magomed Magomedov were arrested on 31 March 2018. While the brothers were in custody, their assets and accounts were frozen. In October 2018, their stake in NCSP was sold to Transneft for approximately US$750 million. In 2022, a court ordered that amount to be paid to the state in a civil claim; the brothers contested the claim.<\/p>\n<p>On 1 December 2022, Ziyavudin Magomedov was sentenced to 19 years in a high-security penal colony. According to the client-provided case file, the term was later reduced by six months; in May 2025, the cassation court upheld the sentence. Information about the NCSP sale and the recovery of US$750 million is reported by Interfax.<\/p>\n<h2>Sources<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.interfax.ru\/business\/866762\" target=\"_blank\" rel=\"noopener noreferrer\">Moscow City Court upholds US$750 million recovery from the Magomedov brothers<\/a> \u2014 Interfax<\/li>\n<li><a href=\"https:\/\/www.rbc.ru\/society\/28\/05\/2025\/6836b2b69a79473f3cb23d41\" target=\"_blank\" rel=\"noopener noreferrer\">Cassation court upholds the Magomedov brothers\u2019 sentences<\/a> \u2014 RBC<\/li>\n<\/ul>\n<h2>Key Dates<\/h2>\n<ul>\n<li><strong>31 March 2018 \u2014 Arrest.<\/strong> Ziyavudin and Magomed Magomedov are arrested.<\/li>\n<li><strong>October 2018 \u2014 Sale of the NCSP stake.<\/strong> According to press reports, the stake was sold to Transneft for approximately US$750 million.<\/li>\n<li><strong>1 December 2022 \u2014 Sentencing.<\/strong> Ziyavudin Magomedov sentenced to 19 years in prison.<\/li>\n<li><strong>28 May 2025 \u2014 Cassation review.<\/strong> The cassation court upheld the sentence; the six-month reduction is noted in the client-provided case file.<\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>The story of Ziyavudin Magomedov, the Summa Group, and court rulings concerning NCSP and FESCO.<\/p>","protected":false},"author":0,"featured_media":10906,"template":"","iae_country":[122],"iae_topic":[],"iae_story_status":[84],"class_list":["post-10848","iae_story","type-iae_story","status-publish","has-post-thumbnail","hentry","iae_country-russia","iae_story_status-deprived-of-liberty"],"acf":[],"_links":{"self":[{"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_story\/10848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_story"}],"about":[{"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/types\/iae_story"}],"version-history":[{"count":5,"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_story\/10848\/revisions"}],"predecessor-version":[{"id":10880,"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_story\/10848\/revisions\/10880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/media\/10906"}],"wp:attachment":[{"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/media?parent=10848"}],"wp:term":[{"taxonomy":"iae_country","embeddable":true,"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_country?post=10848"},{"taxonomy":"iae_topic","embeddable":true,"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_topic?post=10848"},{"taxonomy":"iae_story_status","embeddable":true,"href":"https:\/\/iae-association.com\/en\/wp-json\/wp\/v2\/iae_story_status?post=10848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}