This is what the BaltCap Infrastructure Fund companies Žvirgždaičių energija, Nullus and Moelta indicated to the Lithuanian Court of Appeal, which examined the issue of the jurisdiction of the lawsuit filed by them.
Estonia’s OB Holding 1, which owns Olybet.ee, seeks to have the litigation transferred to this country. According to portal vz.lt, Š. Stepukonis’ gambling turnover from company funds could reach a total of 38.5 million. euros.
ELTA reminds that the former partner of BaltCap Infrastructure Fund Š. Stepukonis was arrested in Vilnius in February. He is suspected of embezzling about 40 million. EUR capital fund funds, at least a part of which could have been lost by the casino.
After the Vilnius city district court granted the request of the prosecutor’s office and allowed the suspect Š. Stepukonis to fasten his collar, the former partner of “BaltCap” was released on Friday afternoon.
The investigation into the activities of Š. Stepukonis is controlled by the European Public Prosecutor’s Office, and the Financial Crimes Investigation Service (FNTT) is assigned to carry it out. European Prosecutor Darius Karčinskas applied to the court on Thursday, requesting an extension of Š. Stepukonis’ arrest for another month.
Two pre-trial investigations are being conducted regarding Š. Stepukonis. In the first, he is suspected of approximately 27 million. embezzlement of funds from BaltCap funds. According to the prosecutor’s office, more than 20 million Š. Stepukonis could lose EUR. At that time, another part of the money could have been lost in risky investments through the Interactive Brokers platform.
The second pre-trial investigation was resumed after the opening of the first. In 2022, the Vilnius District Prosecutor’s Office started a pre-trial investigation from Paysera LT after receiving information about 3.9 million transferred to Š. Stepukonis’s account from a Polish company. euros. According to the prosecutor’s office, it was then established that the money was transferred during the execution of a share sale transaction, so the investigation was terminated.
Š. Stepukonis managed infrastructure fund companies in Lithuania for various periods and was the chairman of the board of project companies in Poland. According to the register of legal entities, in Lithuania he is a former member of the BaltCap Infrastructure Fund companies “Investiciju uostas”, “Knowledge investment”, “Moelta”, “Nullus”, “Safe community”, “Urban Revitalisation”, “Vējo sesės 1″, ” Head of Venetus capital”, “Vilnius multi-functional complex” and “Žvirgždaičių energija”.
At the time, Š. Stepukonis was listed in the Polish register as the former chairman of the board of companies “Izim SP”, “Deuteros Izim Edu”, “EN Efficiency PL”, “Protos Izim Edu” and “Tritos Izim Edu”. According to BaltCap’s website, Izim is a dedicated portfolio company that aims to raise living standards in Polish cities by upgrading public infrastructure.
