Bailiffs arrested Alexander Galitsky's property worth 8 billion rubles

The Federal Bailiff Service has imposed a security seizure on the property of businessman Alexander Galitsky as part of a lawsuit filed by the Prosecutor General's Office to recognize his activities as extremist, Izvestia has learned. The restrictions were introduced on March 17th and 20th. Information about the start of executive production appeared in the FSSP database.

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As Izvestia found out, the arrest affected all movable and immovable property of the entrepreneur, as well as funds in bank accounts.

In particular, two apartments of the businessman were arrested: one with an area of 253 square meters. m in the Turgenev clubhouse in Kostyansky Lane in the center of Moscow, and the second one is with an area of 193.3 square meters in the Malaya Bronnaya 15 residential complex.

Galitsky's house with an area of 908.9 square meters was also subject to restrictions. m in the Millennium Park cottage settlement in the Istra district of the Moscow region, a number of other non-residential facilities, several parking spaces and a 2020 BMW X5 car.

In the lawsuit filed by the Prosecutor General's Office, the value of this property is estimated at about 1 billion rubles, a source familiar with the document told Izvestia. However, based on market prices, this amount may be at least three times more, Izvestia calculated.

In addition, all Galitsky's accounts were seized, which, according to the information in the GP's lawsuit, contain over 7 billion rubles. Thus, the total amount of blocked funds may amount to about 8-10 billion rubles.

The enforcement proceedings were initiated on the basis of the ruling of the Tverskoy District Court of Moscow dated March 11. The court also temporarily restricted Galitsky's travel outside of Russia, prohibited him from opening new accounts and registering property.

The Prosecutor General's Office believes that keeping assets owned by a businessman may contribute to financing prohibited activities. The Agency seeks to convert the property into state revenue.

Lawyers point out that such measures are of an interim nature.

"This is a fairly common measure, it is directly enshrined in article 139 of the Code of Civil Procedure of the Russian Federation. These are interim measures of the court," lawyer Alexander Zorin explained to Izvestia.

According to him, the arrest is being imposed to prevent the withdrawal of assets before the end of the trial and can be canceled if the claim is not satisfied.

Details can be found in the Izvestia article:

Step-by-step: the FSSP arrested Alexander Galitsky's property for 8 billion rubles