According to the Federal News Agency (ФАН), Kirkorov and his company “Philipp Kirkorov Production”, which were ordered to repay debts by a court more than a year ago, have not yet paid a penny.
In September 2019, ABLV Bank, which was being liquidated, demanded to return a debt of approximately 650,000 euros to Kirkorov. The Moscow Taganka District Court upheld the claim of ABLV Bank, after which Kirkorov filed an appeal but lost it.
It was also decided to auction his apartment – its value is estimated at almost three million euros. According to the report, not only the apartment worth 193 million rubles (2,785,395 euros) will be sold, but also the installed household appliances – a wardrobe, a coffee machine and four air conditioners.
It has now been reported that Kirkorov is not complying with the court’s decision, the debts are not being repaid, so bailiffs have taken the matter to court.
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In an interview with REN TV, Kirkorov’s lawyer Alexander Dobrovinsky once confirmed that the singer has credit: “Indeed, there was credit. And Philip paid it voluntarily, until the bank closed two years ago. Money could not be transferred to bank accounts. The bank requested a transfer to some third parties. But it is very dangerous. Of course, the loan repayment was suspended. “
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