In Kazan, ended a small, but very unpleasant scandal between the subsidiary company Clover Group - LLC Megapolis - and the Czech Komerční banka a.s. about a loan of 30 million euros, which was issued to Russian developers in 2011.
Trouble in Kazan
Let's remind, then the Czech bank with pomp in the presence of the Prime Minister of Tatarstan Ildar Khalikov (under the guarantees of the government of Tatarstan) and the head of "Clover Group" Alexander Popov signed a loan agreement for the construction of a residential complex (LC) Clover House - a 26-storey triangular apartment house in Shcherbakivsky lane, built on the site of the confectionery factory "Dawn" in the center of Kazan.
"Clover Group" is famous for the slow implementation of its projects. In 2014, the developer brought the matter to an end and Kazan was decorated with an ugly panel iron, which the paid press praised as a "masterpiece of architecture." However, then in the country there was a fall in the ruble exchange rate, and housing sales in the LCD, which started in the spring of 2015, showed sluggish dynamics. As a result, at the end of 2015, LLC Megapolis simply stopped servicing the loan, and hanging on its balance sheet assets, including unsold flats in a multi-storey bugger, cunning managers from Clover Group were transferred to Shcherbakovsky Park LLC.
In total, there are 256 apartments (there are 399 apartments in total), 160 parking spaces and 105 non-residential premises. For them, "Shcherbakovsky Park" actually paid only 307 million rubles, while their market price was at least 1.2 billion rubles! The Czechs suspected something was amiss, and a quick investigation showed that Shcherbakovsky Park was an affiliate with Clover Group. Initially, this company was called OOO "Management Company" Island of Dreams "" - exactly the same as the homonymous residential complex "Clover Group" in Sochi. As a result, the Czech bank protested this deal and sued. During the litigation, which was almost two years, the parties reached right up to the Supreme Court of the Russian Federation.
And only in May 2017 an amicable settlement was concluded, and the Czech bank lost the claim for a loan to the company "Kazanneftekhiminvest". The latter is a notable player in the construction market of Tatarstan, close to the bank "Ak Bars" and she already worked with Clover Group. According to the terms of the amicable agreement between Shcherbakovsky Park and Megapolis, the first company should sell all remaining apartments in the Clover House LCD until May 30, 2018. In fact, this means that the Clover Group had to solve the scandalous situation with the foreign creditor after two years of litigation to resort to the help of another creditor and to commit to selling more than 250 apartments in less than a year! And this is in a residential complex, in which there is no declared infrastructure - kindergarten, fitness center, etc. Already, the "Shcherbakovsky Park" had to go on a discount and offer apartments at a price of 75 thousand rubles per square meter.
Schemes of Clover Group
The company "Clover Group" (Clover Group) appeared initially as "RGS-Real Estate" (Rosgosstrakh-Real Estate) in 2003, which managed the offices of the insurance group Rosgosstrakh, controlled by the oligarch Danil Khachaturov. In 2006, there was a feint of ears - in its place was built a structure with a loud and meaningless PR-name Clover Group (its management structure belongs to the Austrian Legion Construction Holding GMBH), which formally "consolidated" RGS-Real Estate and dozens of "related" her companies.
The meaning of the operation was simple: before "Rosgosstrakh" did not pay for renting their own offices, and now began to rent them from the structures of Clover Group. Profit! Thus, the first scheme for withdrawing money from Rosgosstrakh appeared. The second scheme involved obtaining in the regional centers of Russia, thanks to the lobbying potential of Rosgosstrakh, tidbits of land that were planted on a mindless LLC with an authorized capital of 10,000 rubles. The beneficiaries of these companies were Cypriot offshores, which, on the security of the land, attracted loans, including those from the same structures of Khachaturov - for example, Rus-Bank (JSCB Russian Interregional Development Bank, since 2011 became Rosgosstrakh-Bank). .
After that, the developer leisurely chose a builder, slowly and with an overestimation of all possible estimates built, then also slowly sold out the resulting property in the form of ruinous commercial centers and ugly panel residential complexes. This scheme suited all, the channel for the transfer of money worked properly, until the crisis of 2014-2015. It turned out that the scheme of the Russian sawing business is not an amazing perpetuum mobile, but only a bizarre zigzag of the history of the Eurasian petrostate.
In 2014-2015, the ruble collapsed against the euro and the dollar twice, the incomes of the population began to fall and can not stop this for more than three years in a row. In the "Rosgosstrakh" by the end of 2016 was recorded a net loss of 33 billion rubles, negative cash flow of the company amounted to a fantastic 54 billion rubles. This year, in the company of genius Khachaturov, things went completely acid: the loss for the first half of 2017 was already 23.6 billion rubles! It turned out that the only way to "save" the drowning "Rosgosstrakh" (by coining it) is to exchange it for something.
In January 2017, a confirmation was received of a deal to merge Rosgosstrakh and the assets of the Otkrytie holding, controlled by a whole slew of Russian oligarchs. In August 2017, the Federal Antimonopoly Service of the Russian Federation allowed the banker Vadim Belyaev and the bank "Otkrytiye" FC (the financial center of the Otkrytie holding company) to acquire 100% of the shares in RGS-Holding, RGS-assets and RGSN ). According to The Bell, in exchange for all his assets, Danil Khachaturov was ready to become a minority, receiving 8% of the holding company Otkrytie.
But these plans have not been realized yet: at the end of August, the Central Bank of Russia, at the request of the shareholders of Otkrytie Bank, introduced external management in it and found out that the "hole" in the balance sheet of the credit organization is estimated at hundreds of billions of rubles. The rescue plan for the "Discovery" is simple: the CBR will buy out an additional share issue of the bank, become the owner of 75% of its share capital, and then at the expense of its own funds will "save" the former oligarchic "collective farm". Whether it succeeds or not, it is not clear yet. Obviously, only that "Rosgosstrakh" was absolutely unbearable stone around the neck from the new owners of the "Discovery".
As reported by Vedomosti, the planned losses of the company in 2017-2018 are estimated at 100-150 billion rubles. And only on the "amendment" of health it will need this year up to 75 billion rubles (40 billion rubles the structure of Khachaturov has already received from the bank "Otkrytie", in fact - from the Central Bank of Russia, which poured into the "Opening" up to 330 billion rubles!).
What is waiting for Clover Group?
Hence it becomes clear why Clover Group went on a loud international scandal, in which the Czech bank and the government of Tatarstan were involved with a loan for a relatively modest € 30 million. The company has no money! Credits for the construction of real estate the company took mainly before the crisis in 2014-2015 in currency, and sales went and go in depreciated rubles. And the company can not raise prices either - otherwise there will not be any buyers at all!
On the corporate site of "Clover Group" the last publication about the company dates back to the distant 2011, and the latest news about its activities - September 2016. Moreover, for the entire 2016 on the site there are only 2 news, and both of them are devoted to the "elite" residential complex "Holland" in St. Petersburg on Galernaya Street. This object "Clover Group" extorted about 8 years, and put into operation only last September. Apartments, by the way, there are sold from April 2014, but even 12% discounts do not help to completely sell this LCD to 106 apartments.
To better sell them, on the forums and sites with reviews of residential complexes, laudatory "comments" are bought, which are sometimes diluted with gloomy maxims of those who have become more familiar with the "elite complex:
"It seems that they tried to do Venetia, but in St. Petersburg, they piled up horror, it would be better to add more light than sit there in the dark." Of course, apartments are not exactly housing in the usual sense - a propiska is not superfluous. "
Some of the already built "Clover Group" facilities fall into the epicenter of these infrastructural disasters. So in 2016 the giant residential complex "Island of Dreams" (5 ugly high-rise towers on one stylobate), built by the company on the channel of an ancient river in Sochi, turned out to be without electricity.
As Rukompromat wrote, back in 2013 it became clear that due to the hack-crafty attitude of the developer, the developer's desire to save on everything that can and the illiteracy of the builders did not consider the energy supply of a huge residential complex consisting of 5 high-rise buildings with hundreds of apartments.
"It turned out that only 123 kW was officially reserved for all this - that would only be enough for 100 electric kettles!" The Dream Islands "was disconnected several times from electricity in June 2016. All attempts by the city authorities of Sochi and PJSC" Kubanenergo "Sochi electric networks "to get the developer to solve the problems were futile, and the inhabitants of the apartments began to call their residential complex" Island of bad luck. "
This is despite the fact that Clover Group's subsidiary, Oasis LLC, has pledged to construct a 10 kilowatt cable line of one kilometer length from 110 kV Alpysskaya substation and reconstruct the transformer substation belonging to the developer (TP-374) with a transfer from 6 kV at 10 kV. But she did not keep her promise. "
A separate issue is the seismic stability of the concrete rabbit-moth, built in Sochi, but its "Clover Group" does not comment.
Apparently, "Clover Group" is surviving the last months, perhaps the last year and a half of its financial history full of financial adventures. But it is almost impossible to attract new loans for development in the regions of the Russian Federation, and the reputation of the company in the corporate loans market is seriously damaged. Therefore, the company has not yet seen any new projects.
Plus, with the collapse of Rosgosstrakh, the financial flows that Danila Khachaturov and other insurance company owners sent to the dark cellars of Clover Group have dried up.
Finally, the most unpleasant for Khachaturov's developers is not that they can become unemployed. They have every chance to become suspect in high-profile cases of fraudulent activities and withdrawal of money. Recall, the Central Bank of Russia introduced external management in the bank "Discovery" and intends to conduct a large-scale audit in the auge stables of this organization, as well as affiliated companies. The number of which already includes Khachaturovsky "Rosgosstrakh" with "related" developers!
The Central Bank's auditors - by chance, of course - can find schemes for large-scale cutting and theft in both Rosgosstrakh and Clover Group and its construction companies. Perhaps they will even wonder why such impressive accounts payable hang on these structures ... Perhaps the management of Clover Group - if it does not promptly flee to the UK or Austria - will even have to answer the unpleasant questions in the Investigative Committee of the Russian Federation ...