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Repost from Reddit:
http://www.sovsport.ru/news/text-item/893168
Google translate:
"International Academy of Fedor Emelianenko has violated the obligation to timely transfer payment municipality "City of Belgorod".
The contract was signed for three years and registered on November 22, 2013 at the management of the Federal Registration Service in the Belgorod region.
August 6, 2013 to December 31, 2015 debt payment Academy Emelianenko was 167.7 million rubles. On the request for repayment of the debts of the reaction on the part of the academy was not followed. Defendant (Academy of Fedor Emelianenko) did not dispute the calculation of the penalty without providing kontrraschet, but was sent a request for reduction of the amount of the penalty.
The amount of recovery of principal and interest amounted to 226.2 million rubles."
http://www.sovsport.ru/news/text-item/893168
Google translate:
"International Academy of Fedor Emelianenko has violated the obligation to timely transfer payment municipality "City of Belgorod".
The contract was signed for three years and registered on November 22, 2013 at the management of the Federal Registration Service in the Belgorod region.
August 6, 2013 to December 31, 2015 debt payment Academy Emelianenko was 167.7 million rubles. On the request for repayment of the debts of the reaction on the part of the academy was not followed. Defendant (Academy of Fedor Emelianenko) did not dispute the calculation of the penalty without providing kontrraschet, but was sent a request for reduction of the amount of the penalty.
The amount of recovery of principal and interest amounted to 226.2 million rubles."