Luxury apartments and a house in Vilnius have been confiscated in the fight by millions of entrepreneurs.

Delga was told by Inga Kunigiškienė, the head of the Belor fertilizer company, and Evaldas Janušauskas, the chief financial officer.

“We want to publicize the contempt existing by Arvi Group creditors, protect potential new Arvi Group creditors and clarify the general economic and legal environment in Lithuania,” he said.

Belor has been trying to recover 7 million Arvi for 3.5 years. euro according to a bill of exchange personally signed by V. Kučinskas.

“The chances of recovering the debt increased when on April 9, 2020, the Lithuanian Court of Appeal annulled the sale transactions of the subsidiaries of Arvi ir ko (Arvi kalakutai KŪB, Lietuvos cukrus and Rietavas veterinarinė sanitarija) to related Cypriot companies The shares of these companies returned to Arvi ir ko and could be sold at auction to cover the debts of the creditors.

On the other hand, Arvi ir ko does not comply with the court decision and does not register the ownership of these three companies in its own name, ”said E. Janušauskas.

Vytautas Freimantas, the head of Arvi ir ko, has yet to answer Delfi’s question as to why Belor is not paying his debts.

real estate

At the request of Arvi’s creditors, the Lithuanian Court of Appeal has confiscated a 0.24-hectare parcel belonging to J. Kučinskas and a 233.74-square-meter residential building in an apartment on Vilniaus Birut Birs str.

According to the Real Estate Registry, the building also has two – 42.79 square kilometers. my 9.95 sq. m. m – on the terrace. In 2018, the construction of the house was completed, according to a massive evaluation, worth 674 thousand. euros At that time, the plot value was 365 thousand. euros

J. Kučinskas is also restricted in the right to dispose of the apartment on Arklių street in the capital. Three rooms and 136.13 sq. M, the average market value of an apartment is 165 thousand. euros It is true that it was established in 2013 and by massive evaluation.

J. Kučinskas, who runs the dance studio, was unwilling to speak about these events. “My comment won’t help,” he said to Delphi.

The court has still arrested the apartments of V. Kučinskas’ first wife, Rimgailė Malinė, on Gedimino Avenue. An apartment has 3 rooms, 155.05 m2. m of surface and worth 254 thousand. euros The second apartment is 1 bedroom, 46.02 m2. my is worth 110 thousand. euros

The house of V. Kučinskas’ second spouse with a plot in Marijampolė was arrested by court decision.

According to the Real Estate Registry, the 0.5720 ha plot was completed in 2015 with 1 floor, 6 rooms and 429.62 m2. m house area with basement (102.36 sq. m) and garage (51.11 sq. m). The building is valued at 111 thousand. euros

E. Janušauskas said that the seizure of the property of the people involved, in the first place, is necessary and necessary so that the property is not hidden.

“As was the case with the sale of Arvi ir ko to related Cypriot companies. In addition, to satisfy the claims of creditors,” he added.

Long controversy

The dispute between Belor and Arvi started in 2016, when Arvi ir ko together with V. Kučinskas (personally signed) issued 7 million LTL. a promissory note in favor of Belor, committing to pay this amount after 3 months, that is, and. April 6, 2016.

“Since the debt was not paid at maturity, a compliance record was made at the notary’s office in accordance with this bill,” said E. Janušauskas, Belor’s chief financial officer.

He claimed that, instead of settling for a bill of exchange, Arvi had filed an application with the Vilnius Commercial Arbitration Court and wanted to sue 4.8 million. from Belor

“To avoid having to pay debts, the claim for” damages “against Belor was simply presented, without trying to substantiate it, but for psychological purposes (also through the application of attachments to Belor’s accounts).

“Damage” means the alleged loss suffered by the Arvi Group as a result of Belor’s orders, which were simply fabricated. Belor later filed a counterclaim with the Vilnius Commercial Arbitration Court regarding the award of a real debt.

A comprehensive examination of both claims was conducted at the Vilnius Commercial Arbitration Court: in all the evidence presented by both parties, the court decided not to satisfy Arvi’s claim against Belor and satisfied Belor’s claim against Arvi Fertis, he said E. Janušauskas.

Belor received 3.5 million euros

“Belor was forced to pay the amount awarded by the Vilna Commercial Arbitration Court on December 19, 2017, but Arvi Fertis avoided doing it in all possible ways: from early 2018 to mid-2019, he tried to start a case of restructuring “.

The process ended with the bankruptcy of the Arvi Fertis de Belor initiative, since the obligations with creditors have not yet been fulfilled, and the restructuring process is only necessary to delay time and have the best possible protection from creditors, “he said. E. Janušauskas.

He further explained that the essence of this trade dispute was that Belor had prepaid the raw materials for the production of fertilizers, but had not received the fertilizers.

“The money in the Arvi Group was wasted on various needs, mostly personal,” said E. Janušauskas.

Additional millions

Belor has also acquired an additional $ 5.7 million. a credit claim from Vita Skrynska of Akvua.

“I cannot disclose the amount of the transaction,” said E. Janušauskas. – Akvua represents a Ukrainian citizen who has entered into investment agreements with Arvi ir ko and Arvi Fertis and for 49%. Arvi Fertis paid 5.6 million shares. euros

This money from the Ukrainian investor was simply stolen, i. and. Taken in advance, but the Arvi Fertis shares were not sold because they were committed to SEB and Swedbank and were later seized by creditors. The Ukrainian investor, after losing hope of recovering the invested funds, transferred his claim to us. “

A representative from Belor said that the Vilnius Regional Court had both 3.5 million. 5.7 million euros. has passed the euro requirements.

“3.5 million The euro claim has already been approved by the Lithuanian Court of Appeals. The rulings are different because the claims were examined separately in court hearings,” he added.

According to data from the Register of Legal Entities, Belor’s shareholders are I. Kunigiškienė and Belor Eurofert GmbH, registered in Germany, owned by Rainer Krauss.

Companies in Cyprus

Arvi ir ko’s shareholders are Šarūnė Liutkevičienė, Rima Urbaitienė, Martynas Urbaitis, Ramūnas Malinauskas and the company Vyrja, owned by R. Malinė, J. Kučinskas and V. Kučinskas.

In 2014, it was announced that R. Malinė and V. Kučinskas are different.

E. Janušauskas Delfi said that the structure of the Arvi group of companies can be divided into two stages: before and after March 2016.

The Arvi Group, aware of its obligations to its creditors and possibly planning to stop paying, has started to hide valuable assets in related Cypriot companies, “he said.

“In November 2015, the turkeys Arvi KŪB and Marijampolės pašarai KŪB” sold “(more precisely, donated) to the Cypriot company Alvator Management Limited. The Cypriot company is owned by the same Arvi Group shareholders and was established in September 2015 and two months before the transaction with 1,000 capital.

The Cypriot company did not settle for the received Arvi companies, more precisely, it simulated the agreement by offsetting various mutual claims.

In October 2016, it “sold” (more precisely, donated) the shares of Lietuvos cukrus and Rietavas veterinarinė sanitarija to Cypriot companies Hofenberg Limited and IBI Innovative Bio Industries Ltd. As in the previous case, Cypriot companies belong to the same shareholders of the Arvi Group, established several months before the transactions with 1 thousand. capital.

As a rule, the Arvi Group announced the sale of properties at the Registry Center six months after the sale, so that creditors do not take urgent action, “said E. Janušauskas.

On April 9, 2020, the Lithuanian Court of Appeals canceled these asset sale transactions through the efforts of Arvi’s creditors.

“We have been litigating with Arvi Group companies since December 2016. During this period, we realized that the Arvi Group ignores the interests of creditors, avoids fulfilling its obligations in every way, and does not comply with orders judicial that have entered into force.

We can also reasonably affirm that the activities of the Arvi Group comply with the principles of the financial pyramid: obligations with creditors are not fraudulently fulfilled, unfavorable creditors are replaced by new ones, and these obligations are also not fulfilled, “summarized E Janušauskas.