The raider attack on Universalbank Commercial Bank, which stripped Gherman Gorbuntov of the majority stake, took place just in a few steps. The scheme involved Russian offshore companies, Renato Usatii, who manipulated the courts, and Moldovan officers of the court.
In a complaint, filed by Gherman Gorbuntov, he claimed that a Russian company with its headquarters in Panama acted illegally and submitted fictitious documents, based on which he was requested to repay a debt of over 5.2 million US dollars.
According to the complaint, in 2008, three loan agreements had been concluded on behalf of Gorbuntov with three companies based in Russian Federation. The debt amounted to 131 million Russian rubles.
In 2010, the three companies assigned the right of collecting debts from Gorbuntov to КУМ LLC, but in less than 6 months, КУМ LLC assigned the debt to another company with headquarters in Panama. According to the banker, the agreements were forged.
On March 3, 2011, the company based in Panama addressed the court with the request to issue a judicial decision to collect the debt from Gherman Gorbuntov.
In a day, the Central District Court accepted the request, issuing the order to collect 5 million dollars from Gherman Gorbuntov.
According to our sources, the order had been issued based on false evidence.
Seizure of shares and their purchase by Usatii
Five months later (04.08.11), in the course of judicial enforcement procedure, held in accordance with Order of 04.03.11, the officer of the court presented to Universalbank his conclusions on the seizure of shares in Universalbank, held by Gherman Gorbuntov.
On August 11, 2011, the officer of the court ordered the transmission of 68401 shares issued by Universalbank JSC, each worth 1660 lei, from the personal account of Gorbuntov into the nominal ownership of a brokerage company. While on August 12, 2011, the officer of the court delegated the brokerage company to sell the shares owned by Gorbuntov at the price of 355 lei each (compared to 1660 lei).
On the same day, a company, represented by Renato Usatii, delegated the same brokerage company to buy those 68 311 shares.
On August 12, the executor concluded a sale and purchase contract, previously published by CrimeMoldova, with the company, represented by Renato Usatii, the latter becoming the owner of Gorbuntov’s shares.
Three days later, these transactions were declared doubtful, as over 50% of the share capital of Universalbank was transferred into offshore areas without the permission of the National Bank of Moldova (NBM).
On August 20 of that year, a criminal case was initiated in this respect.
As mentioned in several complaints filed, Renato Usatii publicly proposed the amount of 500 000 USD to the one who would bring him Gorbuntov in a bag.
According to Gorbuntov’s claims, his pursuit and Usatii’s threats are direct evidence that Usatii wants to prevent him from solving the cases of Universalbank. For these reasons, Gorbuntov was forced to leave Moldova, being concerned about his life. All his worries confirmed in March 2012, when an attempted murder of Gorbuntov took place.
Gorbuntov's statements and evidence collected make it clear that Usatii arranged the dispossession of 81.73% shares. It was also Usatii, who acquired the stake by manipulating the court and other bodies in the country. His actions were unjust, creating huge damage to Gorbuntov and leaving behind a bankrupt bank.