Rusnano ex-chief and financial director charged with embezzlement
The Russian Investigative Committee has charged the former head of the Russian Corporation of Nanotechnologies (Rusnano), Leonid M., and the companyâ€™s former financial director, Svyatoslav P., of a large scale embezzlement, the Russian information agency, TASS, reported July 29, citing the official representative of the Investigative Committee, Vladimir Markin.
â€śThe Russian Investigative Committee reported that for the period from February to July 2009 RUB 220 mln of Rusnanoâ€™s funds was embezzled,â€ť TASS wrote. â€śThe companyâ€™s former chief and financial director are involved.â€ť
Investigators believe that Leonid M. hired Svyatoslav P. and a former deputy chief, Andrey M., as a part of his plan to embezzle Rusnanoâ€™s funds.
Then Leonid M. initiated the issue on bringing an advisory company to provide services for Rusnano. Allegedly, the corporation did not need an advisory companyâ€™s services at that time.
In 2008, Svyatoslav P., who was at that time chief of the Tender Committee, ensured that the advisory company Alemar wins. Then he composed a draft agreement on the provision of services, which was signed by Andrey M.
The residencies of the suspects were searched, according to Markin. A number of electronic documents were confiscated during the searches and sent for analysis.
Rusnano was created in 2011 as a result of the reorganization of the state corporation â€śRussian Corporation of Nanotechnologiesâ€ť. Rusnano is its successor and is 100 percent controlled by the state.
Photo courtesy of CSIRO (Wikimedia Commons).