Tuesday, November 10, 2009

$10 m. Embezzled from Moscow Region Government

Vladislav Telepnev, the former head of a Moscow region government investment company, has been indicted for embezzling 3 billion rubles ($10 million) that the regional government had disbursed for construction projects including public housing and court, governmental, and sports facilities. Another suspect, the former head of the region’s Finance Ministry, Alexei Kuznetsov, is believed to be hiding in the United States.
http://www.kommersant.ru/doc.aspx?DocsID=1272177

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