Pavlovskgranit under investigation

Offices belonging to Pavlovskgranit in Moscow have been searched as part of a fraud investigation. The company’s directors are reported to be accused of defrauding Sberbank through misuse of a loan issue to purchase a 48% stake in the aggregate producer. Pavlovskgranit has not commented on the investigation.
March 28, 2012 Read time: 1 min

Offices belonging to 3672 Pavlovskgranit in Moscow have been searched as part of a fraud investigation. The company’s directors are reported to be accused of defrauding 4439 Sberbank through misuse of a loan issue to purchase a 48% stake in the aggregate producer. Pavlovskgranit has not commented on the investigation.

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