In Moscow the company “BrokerCreditService” was searched on the case about the manipulation of the shares of Mechel
In Moscow on March 10, investigators conducted searches at the Central office
company “BrokerCreditService” (LLC “Company BKS”) on Prospekt Mira in
the investigation of the manipulation of shares
mining and metallurgical company “Mechel”, which double-quotes for
four months in 2013-2014 fell by 40%.
According to investigators, a major role in the fall in the stock markets played a
one of the professional participants of the securities market
“BrokerCreditService”, reported on the website
Of the investigative Committee.
“Today, as part of a criminal investigation in the offices LLC
“Company BKS” is being searched for the purpose of removing primary
documentation on transactions with shares of JSC “Mechel”, and also on
relationship with the Cypriot companies”, – stated in the message. Forbes
writes that the seizure of documents employees of the Ministry of internal Affairs held in the Central
the company’s office in Moscow at prospect Mira.
In a press-service of the company BCS, the Agency RBC reported that MVD has requested documents relating to the transactions of the legal entity which is a customer of the company.
The BCS group of companies (“BrokerCreditService”) – Russian
investment and Finance company, the largest by turnover
broker on the Russian stock market. President of the financial group
BCS is Mr. Oleg Mikhasenko, he is also the founder and primary owner of the assets of the company.
Mikhasenko Oleg Vladimirovich, according to the website Team,
he was born January 25, 1962 in the Chita region. In 1984 he graduated from
Irkutsk Polytechnic Institute, specialty “mining engineer”,
since 1984 worked as the engineer of the company. In 1987
Mikhasenko engaged in individual entrepreneurship. In 1991
year established the company “BrokerCreditService”, where he held
the position of Deputy Director. Since 1995 he became the General
Director of the BCS.
November 13, 2013, the shares of mining and metallurgical holding company “Mechel”,
controlled by the oligarch Igor Zyuzin, has fallen by more than 40%.
A sharp drop was repeated on 28 February 2014. Thereafter, Mechel
stated that the collapse of quotations may be of a speculative nature, and
asked the Central Bank to conduct an investigation.
In July 2015, the Central Bank announced that paper has fallen as a result
simultaneous placing of large orders to sell shares. Controller
found that non-standard applications exhibited eight Russian
ten professional players and foreign brokerage firms in the interests of
one person company UFS Investments Ltd. The Central Bank also found that
market manipulation was the participation of the Russian company OOO “IR
“Arbat the capital” (former name – OOO “IC “UFS Finance”).
After the results of the validation the Central Bank revoked the license of “Arbat
Finance”, saying that the company had violated the securities laws and
combating illegal use of insider information and
market manipulation. The materials of the investigation, the regulator gave in
Now “Mechel” of debt at 6.7 billion dollars is the most
akreditovanniy company in Russia in the mining industry.
The majority (70%) of the debt is accounted for by three state-owned banks:
“Sberbank”, “Gazprombank” and VTB. Last year the company was able
to negotiate a debt restructuring with Gazprombank and VTB, however
negotiations with Sberbank are continuing.