MOSCOW, March 20 (Itar-Tass) - Moscow's Tverskoi court on Wednesday extended custody of former head of the High Certification Commission under the Ministry of Education Felix Shamkhalov, accused of 1.5-billion-rouble fraud, to June 24.
Shamkhalov was placed under arrest on February 7. The investigators said he was complicit in the theft of 1.5 billion roubles allocated by Vnesheconombank to the Zarechye-2 company for the project to build an elite neighborhood.
Moscow's Tverskoi court sanctioned the arrest on suspicion that the suspect might escape or obstruct justice. Shamkhalov denied the accusations. He said he quit business after taking a civil service job in 2007.