May 1, 2026
Russia’s Prosecutor General’s Office Sues to Seize Assets of Agribusiness Giant Rusagro Founder, Worth $2.9 Billion
Russia’s Prosecutor General’s Office has filed a lawsuit in a Moscow court to seize the assets of Vadim Moshkovich, founder of Rusagro, the Russian business news outlet RBC reported, citing the case file.
TL;DR
- Russia's Prosecutor General's Office is suing to seize the assets of Rusagro founder Vadim Moshkovich.
- Defendants in the lawsuit include Moshkovich's wife, Natalya Bykovskaya, former Rusagro CEO Maxim Basov, and others, along with two limited liability companies.
- Moshkovich and Basov were arrested on fraud and bribery charges, with Moshkovich facing additional bribery charges.
- The asset seizure is occurring within a context of property redistribution in Russia since the start of the war with Ukraine.
- Vadim Moshkovich is estimated to be worth $2.9 billion by Forbes Russia, making him the wealthiest Russian billionaire whose assets are being seized by the state in this campaign.