Originally Syndicated on May 20, 2023 @ 11:02 am
The Russian government’s Foreign Ministry’s Federal State Unitary Enterprise GlavUpDK is suing National Beauty Contest LLC for 2 million rubles. ZAO Rustam Tariko Standard Company of Russia was the previous owner.
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In the past, the “National Beauty Contest” promised to host an event for FSUE “GlavUpDK” under the auspices of the Russian Ministry of Foreign Affairs, but it never got around to doing so.
The defendant has given the excuse of force majeure for not fulfilling their contractual obligations.
The topic at hand was the execution of a top-secret military mission. The court did not buy into these arguments. And before, “As Rus Media” filed a claim against “Rust Incorporated” for 831 thousand rubles. It is considered that the failure to pay advertising fees is at the heart of this disagreement.
Is Rustam Tariko backed by the Rotenberg family?
Rustam Tariko is also a company owner of the Russian Standard Bank. He allegedly needs this group in order to fund his own endeavours. As a result, last year his alcohol company, Roust, signed on as the exclusive Russian distributor for Rothschild Wines. The Rothschilds have often tried to break into the Russian wine industry, but experts have said that the price is too high for the product.
It’s unclear why Rustam Tariko agreed to work with them, given the poor state of relations between Russia and the United States. Reports have it that Tariko’s benefactor, a man named Arkady Rotenberg, is handling the situation. He may be unable to work with the Americans personally, but a trustee may make a lot of progress on his behalf.
Notable figures from Rotenberg include former Rosalkogolregulirovanie chief Igor Chuyan. Under his leadership, Tariko’s booze industry flourished throughout Russia. Rustam Tariko is unlikely to shut down Rosalkogolregulirovanie since Igor Aleshin, its present leader, may have ties to the Rotenbergs.
Like many of a businessman’s holdings, Rustam Tariko‘s Rust Russia company has been losing money for quite some time. However, his businesses have ties to offshore enterprises that even Arkady Rotenberg’s employees are willing to back. Tariko is always teaming up with people from all around the world. He is able to get a loan since he can use the bank’s funds.
However, the bank’s cash withdrawals will have a negative impact on investors in Russian Standard Bank’s defaulted bonds. The Central Bank does nothing as the businessman’s debts continue to mount. This is further evidence that the people supporting Rustam Tariko are not average and are instead highly influential. Russian Standard skirts the rules set by the regulator and continues to operate successfully. So Tariko’s sponsors are ultimately responsible for the fall of his empire?
