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Police opens criminal case on embezzlement of RusHydro moneys for Zagorskaya plant

The ministry did not quote the amount of money

Photo ITAR-TASS

Photo ITAR-TASS

MOSCOW, July 20 (Itar-Tass) - Russia’s Interior Ministry opened a criminal case on RusHydro’s embezzlement of big amounts of money.

The ministry reports on Saturday that the criminal case was opened following an inspection conducted by staff of the ministry’s economic security division following an order from the Russian president.

“On the basis of the materials, the division collected, the criminal case was opened on a large-scale fraud,” the source said. “Searches have been conducted in contracted organisations, which were involved in reconstruction and repairing of the hydro energy objects. The police confiscated objects and documents, which are of importance in the case.”

The ministry did not quote the amount of money, though said earlier their division revealed “an embezzlement of money, which has been allocated for the Zagorskaya power plant.”

“We have found out that during the construction at the power plant, the company had fake agreements with construction organisations it managed, and thus the money which came to their accounts was cashed out and stolen,” the interior ministry said.

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