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Police expose misappropriation of 93 mln rbls allotted for run-up to APEC summit

Investigation department of the Russian Interior Ministry opened a criminal case

MOSCOW, November 8 (Itar-Tass) —— The police have exposed the misappropriation of 93 million roubles, which were allocated for a trend of the activities in the run-up and holding of an Asia-Pacific Economic Cooperation (APEC) summit, which was held in Vladivostok this year, the press service of the main department of economic security and counteraction to corruption of the Russian Interior Ministry told Itar-Tass on Thursday.

“The investigators of the main department of economic security and counteraction to corruption have exposed the misappropriation of more than 93 million roubles of budget funds, which were allocated for a trend of the activities in the run-up and holding of the APEC summit, which was held in Vladivostok this year. The investigation department of the Russian Interior Ministry opened a criminal case under Article 159 Part 4 for a massive fraud,” the press service reported.

The officers of the economic security department, territorial departments of economic security and counteraction to corruption are carrying out the scope of search measures in Moscow and Vladivostok in order to find all those involved in the misappropriation case.