Russian car dealer Rolf has said it is business as usual despite a criminal case against the founder Sergey Petrov and several managers over the transfer of four billion rubles ($63.4 million) abroad.
Rolf is Russia's largest dealer group with 62 showrooms across Moscow and St Petersburg, according to the company's website. It is also the official importer of Mitsubishi vehicles into Russia.
Petrov and four senior Rolf managers were arrested following the initiation of a criminal case by the Investigative Committee of the Russian Federation, which said a Cyprus-based company controlled by Petrov bought shares in a Rolf subsidiary company in 2014 at a price far above their real worth.
The Committee accused Petrov of then directing this money to himself, the Tass Russian News Agency reported.
In a statement on its website, Rolf said that the case "is not related to the current work of the company."
"The current situation will be resolved in the very near future in favor of our company, since we conduct our business honestly, openly, observing all the laws of the Russian Federation," Rolf said.
Rolf dealerships sold 96,670 vehicles in Russia last year, breaking its previous record of 91,693 cars set in 2014, prior to the country's most recent economic crisis. The company sells vehicles from 22 brands and employs over 8,000 people.