Russian bailiffs are seeking to recover nearly 20 billion rubles ($248 million) from Anatoly Chubais, the former head of state technology corporation Rusnano, the state-run TASS news agency reported Tuesday, citing court documents.
Authorities have opened 14 enforcement proceedings against Chubais and seized assets in three of them, according to the report. Of the 19.87 billion rubles ($246.4 million) sought, 17.74 billion rubles ($220 million) represents damages and another 2.13 billion rubles ($26.4 million) is in enforcement fees.
The claims stem from projects launched during Chubais’ tenure at Rusnano, which he led from 2008 to 2020.
One of them, Plastic Logic, was intended to produce flexible electronic tablets for schools. In March 2025, Rusnano sued Chubais and several former executives for 3.892 billion rubles ($48.3 million) and $20.45 million in losses linked to the project.
A Moscow arbitration court partially upheld the claim in April 2026, and bailiffs opened enforcement proceedings for more than 6 billion rubles ($74.4 million) in June. Chubais appealed the ruling.
A separate lawsuit concerns Crocus, a project to manufacture magnetoresistive random-access memory, or MRAM, in Russia. Rusnano sought 11.9 billion rubles ($147.6 million) from its former executives in December 2025. Bailiffs seized Chubais’ assets in January 2026, and a court ordered the recovery of the claimed damages in July.
Total financial claims against Rusnano’s former management in criminal cases could exceed 40 billion rubles ($496 million).
Mikhail Marichev, Rusnano’s managing director for corporate protection, previously said the company had spent nearly three years trying to settle disputes with its former executives out of court. He alleged that some projects were never intended to be completed and that funds were sent abroad.
Chubais’ lawyer, Pavel Khlyustov, has rejected Rusnano’s claims, saying the defense had presented evidence that the former management was not responsible for any losses. Chubais has previously described the cases against former Rusnano executives as politically motivated persecution.
After leaving Rusnano, Chubais served as a special representative to President Vladimir Putin. He resigned and left Russia in March 2022, later saying he had departed because he opposed the full-scale invasion of Ukraine.
Putin suggested in September 2023 that Chubais may have left because he feared criminal prosecution. He said a “huge financial hole” had been discovered at Rusnano after its management changed.
This article was translated with the help of artificial intelligence and was reviewed by a Moscow Times editor before publication. Learn more about our newsroom's AI policy here.
Read this article in Russian at The Moscow Times' Russian service.
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