Vladmir Kekhman, owner of the adventurous Mikhailosly Theatre in St Petersburg, was served with a travel ban today by bailiffs seeking to collect 285 million rubles in alleged unpaid bank debts.
Border agencies have been notified not to allow Kekhman to leave the country for six months, after which the order may be renewed. Police have entered the theatre and conducted searches.
The bailiffs were acting on behalf of several banks, including Sberbank, Uralsib, Raiffeisenbank and Bank of Moscow.
The moves follow a partial bankruptcy filing earlier this month by his fruit-importing wing Kekhman Group, founded in 1997. Kekhman has owned and revitalised the theatre since 2007.