Assets worth over 14 billion rubles seized from the former "energy king of the North Caucasus"

The Cheremushkinsky Court of Moscow, following a lawsuit by the Prosecutor General's Office of the Russian Federation, ruled to confiscate in favor of the state the property belonging to Magomed Kaitov, the former head of OAO MRSK Severnogo Kavkaza, known in the media as the "energy king of the Caucasus."

We are talking about securities of PAO Stavropolenergosbyt, JSC Stavropolskie Gorodskie Elektricheskie Seti, JSC Gorelektroset and JSC Kislovodsk Gorodskie Elektricheskie Seti, worth a total of 14.3 billion rubles.

The Prosecutor General's Office filed an anti-corruption lawsuit against Kaitov in June 2025, demanding the confiscation of assets in connection with the investigation of embezzlement in the amount of 4.27 billion rubles.

Earlier, the court seized an apartment building in Kislovodsk belonging to Kaitov. It was reported that it was illegally built in the resort city on the land of the Russian Presidential Property Management Department. Kaitov was involved in several criminal cases, in one of which he was sentenced to prison in absentia. He is currently wanted and presumably lives outside of Russia.

Последние новости
Keys to 52 new homes handed to Dagestan flood victims
Society
Keys to 52 new homes handed to Dagestan flood victims
6 October 2026

On October 6, in the settlement of Mamedkala in Dagestan’s Derbent District, keys to 52 new homes were handed to families who had lost their housing due to spring flooding. The ceremony was attended by Yana Lantratova, Russia’s Commissioner for Human Rights, and Fedor Shchukin, the Acting Head of the Republic.
Sixteen imprisoned female journalists from Russia and Ukraine receive Politkovskaya Award
Human rights
Sixteen imprisoned female journalists from Russia and Ukraine receive Politkovskaya Award
6 October 2026

The Anna Politkovskaya Award has this year been given to 11 Russian and five Ukrainian female journalists who are imprisoned in Russia and in the occupied territories of Ukraine.

 

According to the award’s founder, the international organisation RAW in WAR (Reach All Women in WAR), the nominations committee praised the “courage and integrity” of the laureates, who “risk their freedom and even their lives to report on the war and speak out against human rights violations, war crimes and the escalating repression of journalists, human rights defenders and anti-war activists in Russia”.
Lawmakers from the ruling and opposition parties clashed in the Armenian parliament
Politics
Lawmakers from the ruling and opposition parties clashed in the Armenian parliament
6 October 2026

A scuffle broke out in the National Assembly of Armenia on October 6 between MPs from the ruling "Civil Contract" party and the opposition "Strong Armenia" bloc.
Chechen Activists Protest Against Movlaev’s Extradition in Paris
Human rights
Chechen Activists Protest Against Movlaev’s Extradition in Paris
6 October 2026

Chechen activists Abubakar Yangulbaev and Said Dzhumaev joined a rally in support of Mansur Movlaev and Yulia Emelyanova, held as part of the "Russie-Libertés" forum in Paris. Forum participants spoke out against their potential extradition from Kazakhstan to Russia.