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Evroset co-owner interrogated over criminal cases against company employees

Evroset co-owner Yevgeny Chichvarkin was interrogated in September by the General Prosecutor’s Office Investigations Committee within the frameworks of the criminal charges brought against company’s vice president Boris Levin and deputy head of security Andrei Yermilov. Both stand accused of abducting Evroset forwarding agent Andrei Vlaskin, who allegedly stole mobile phones estimated at over 20mln.rubs from the company in 2003, as well as extortion and arrogation charges. However, Chichvarkin declined to disclose the contents of the nearly four-hour marathon interrogation, saying he needed to consult with his lawyers before making any public statements. “I’m only trying to convey the pain and anger caused by the fact that employees, who provide the legal base for the existence of a large creative company are in custody, while a ‘swindler’ remains free.” The arrests of Evroset’s top managers have led to speculations that the ‘raid’ was directed at preparing the grounds for the acquisition of the company at a price far lower than its current market capitalization. This seems to be the case, as the company was later sold for an undisclosed amount in mid-September.