Former Deputy Chairman of the Central Bank of the Russian Federation Placed on the Wanted List in Embezzlement Case
Yuri Isaev, former deputy chairman of the Bank of Russia and former head of the Deposit Insurance Agency (DIA), has been placed on the wanted list.
He has been charged with fraud on an especially large scale on suspicion of embezzling 4.3 billion rubles (approximately $53.1 million) from a state-owned corporation he previously headed. Under this charge, he faces up to 10 years in prison.
According to Russian investigators, Isaev was a member of an organized group that siphoned off profits from the Novosibirsk water park “Aquamir,” which was under ASV’s management. Investigators claim that the former official provided protection to the scheme’s participants and was able to influence key decisions.
Source: The Moscow Times.
In Russia, Major General Konstantin Kuvshinov, the former head of the Federal State Budgetary Institution (FSBI) No. 9 Medical and Diagnostic Center of the Russian Ministry of Defense, was arrested on corruption charges.
A Moscow court sentenced Sergei Bolgarev, head of the 5481st Military Representative Office of the Russian Ministry of Defense, to 8.5 years in a strict-regime penal colony. He accepted bribes in connection with government contracts.
