Investigators accuse former min Abyzov of 4 bln rbl embezzlement

MOSCOW, Mar 26 (PRIME) -- Russia’s Investigative Committee has opened a criminal case against former Open Government Minister Mikhail Abyzov over 4 billion ruble embezzlement, the committee’s official representative Svetlana Petrenko said on Tuesday.

“…in the period from April 2011 till November 2014, being a beneficiary owner of a number of offshore commercial organizations, (Abyzov) created and headed a crime group,” she said.

Investigators believe that cooperating with Nikolai Stepanov, Maxim Rusakov, Galina Freidenberg, Alexander Pelipasov, and Sergei Ilyichov, by deceiving shareholders of Siberian Energy Company and Regional Electric Grids, which were producing and transmitting electric power in the Novosibirsk Region, Abyzov embezzled 4 billion rubles from these companies.

The money was fully withdrawn abroad, Petrenko said.

(64.4993 rubles – U.S. $1)

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