The Smolninsky District Court of St. Petersburg dismissed cases of fraud (Part 4 of Article 159 of the Criminal Code) and money laundering (Part 3 of Article 174.1 of the Criminal Code) initiated against businessman Valery Izrailit. This was reported by the press service of the courts of the city.
The cases were terminated at the request of the defense in connection with the expiration of the statute of limitations for proceedings on them. Now Izrailit will be judged only in the case of the withdrawal of funds abroad on forged documents (part 3 of article 193.1 of the Criminal Code of the Russian Federation).
Valery Izrailit since 2005 served as head of the Ust-Luga company, the developer of the port of the same name in the Leningrad region. According to investigators, during its construction, the businessman supplied low-quality pipes. He took the money received from this abroad — he tried to buy his own yacht from a company controlled by him. Vedomosti, citing the indictment, wrote that in this way Izraylit tried to justify the transfer of currency abroad, but then terminated the sale and purchase agreement.
In the winter of 2016, the entrepreneur submitted a declaration to the Federal Tax Service, in which he disclosed his assets and asked for an amnesty. The businessman was detained at the end of 2016. Almost three years later, it became known that the FSB used the declaration as evidence of his guilt. This is the first time such a declaration has been used against entrepreneurs.
At the end of December 2019, the State Duma passed a law in the third reading banning the use of capital amnesty declarations in criminal cases.