The state-run Russian Corporation for Nanotechnologies (RUSNANO) reportedly faces problems raising 1 bln dollars for its international investment fund from U.S. partners after it appeared that Hans Bodmer, the CEO of Rusnano Capital AG, the special-purpose Swiss subsidiary of RUSNANO, faces criminal charges in the U.S. in relation to alleged multi-million bribes in Azerbaijan. Bodmer was cleared of FCPA charges as a non-resident of the U.S., but pleaded guilty to money-laundering conspiracy and is expected to be sentenced in 2010. RUSNANO says Bodmer is only a technical figure who was recommended by PricewaterhouseCoopers.
http://www.rbcdaily.ru/2010/04/21/media/473211
http://www.rusnano.com/Post.aspx/Show/26098
Wednesday, April 21, 2010
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