The new verdict in the Titan case will set the stage for the next trial.

In Stavropol, the court handed down a verdict in the case of embezzlement from the petrochemical holding company GC Titan — 56-year-old Oleg Andrievsky and 63-year-old Irina Zemskova were convicted. The verdict is another link in a large—scale investigation into billions of dollars of embezzlement of petroleum products and company assets against the former top management of the Group.

The Izobilnensky district court sentenced a citizen of Kazakhstan, Andrievsky, to nine years in a high-security penal colony, and his possible accomplice, Zemskova, received eight years in a penal colony, followed by a ban on working as an accountant. They were found guilty of participating in an organized criminal community (OPS), embezzlement and money laundering. Andrievsky was also found guilty of arms trafficking and smuggling.

According to the investigation, from 2010 to 2019, the defendants participated in schemes for the withdrawal of the company's assets. The total damage from their actions is estimated at 1.6 billion rubles. In addition, Andrievsky was charged with smuggling weapons across the border of Russia and Kazakhstan. The court also seized the property of the convicts — its total cadastral value exceeds 3 billion rubles.

"It is important that the court awarded damages. It's not enough to plant, you need to take comprehensive measures to compensate for the damage. The confiscation of property guarantees that the victim will receive compensation," lawyer Vladimir Kryuchkov, representing the interests of the Titan Group, commented on the decision in an interview with Izvestia.

In his opinion, the process is becoming irreversible.

The verdict of Andrievsky and Zemskova is not the first in a chain of guilty verdicts in this case. Justice against the participants in the schemes developed in parallel in two countries: back in 2014 and 2016, the courts of Kazakhstan sentenced the defendants who tried to seize the assets of the holding in the republic. In 2016, the Tagansky Court of Moscow convicted Alexey Starikov, an IT specialist at GK, for copying and transmitting commercial information to OPS members, and in 2021, Andrei Tretyakov, director of the gaskets company, was sentenced in St. Petersburg for his involvement in the theft of Titanium oil products. These decisions formed the evidence base that allowed us to reach the next participants in the scheme.

The court's decisions and conclusions in the process may become a prejudice and make it easier to prove a number of events in another branch of the investigation of embezzlement at Titan — in relation to the former deputy general director of the GK Yuri Zhigadlo, as well as former heads of departments Sergey Pismichenko and Igor Zykov. They were arrested in November 2024, charged with participating in OPS using their official position.

According to investigators, the managers are involved in the theft of petroleum products, fraud with railway tariffs and money laundering. The amount of damage in this episode was initially estimated at 200 million rubles, but during the investigation it increased to 2 billion rubles.

A source familiar with the investigation told Izvestia that some of the participants in the OPS are still wanted, presumably in Kazakhstan, Turkey and Ukraine. This confirms the international character of the criminal community operating against the Russian holding company. In connection with attempts to pressure witnesses, Russian investigators have opened a separate case under Article 309 of the Criminal Code ("Bribery or coercion to testify"). In total, more than 20 criminal cases have been initiated as part of the investigation of the community's activities.

All important news is on the Izvestia channel in the MAX messenger.