The St. Petersburg Investigative Committee found his actions illegal and opened a criminal case. The theft was discovered after an investigation by the Kirovsky District Prosecutor's Office of St. Petersburg.
"It was established that General Manager Sergei Tsifirov, in violation of the requirements of the law on limited liability companies, entered into a loan agreement with himself as an individual for the amount of 15 million rubles."
As reported to Rosbalt by the city prosecutor's office press center, the general director of Shipbuilding and Marine Equipment and Technology LLC, one of the leading shipbuilding institutions in the Northwestern Federal District, illegally obtained a loan from a legal entity from himself, as an individual, for 1 million rubles. He then signed several payment documents, according to which 8,963 million rubles were transferred to his personal bank card.
