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Owner of Russia’s largest real estate company arrested in Latvia

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Owner of Russia’s largest real estate company arrested in Latvia

As it became known on Friday, Latvia has initiated the extradition of Grigory Kulikov, who owns MIEL, the largest federal chain of real estate agencies in Russia. Previously it was reported that Mr Kulikov had been arrested by the Latvian authorities.


However, Grigory Kulikov’s arrest hasn’t affected the company’s activity, the MIEL press office told Construction.RU. The businessman hasn’t been engaged in operating management for over a year. Instead, this function is performed now by the following managing partners – Vladimir Yakhontov, Marina Tolstik, Roman Muradyan and Natalia Shatalina. Over the period of last 3 years, Oksana Vrazhnova has been chairing the Board of Directors.

We should remind you that the Chairman of the MIEL Board of Directors, Grigory Kulikov, was detained in Jurmala on the 8th of May at the request of the Prosecutor General of Russia. The entrepreneur is charged with embezzlement in the amount of 85 m roubles, committed in 2007 – 2008, as well as with fraud with investors’ funds during the construction of the cottage village “Barvikha Village”.

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