MOSCOW, November 18, /ITAR-TASS/. The police revealed cases, where money allocated from the federal budget for repairing of a Nizhny Novgorod institute was embezzled, press service of the Interior Ministry said on Monday.
“In late November of last year, the management of the Research Centre of dermatology and cosmetology signed an agreement with a commercial company on repairing of the main building. The client transferred to the company 30 percent of the contracts’ price as a prepayment - 26, 520 thousand roubles. In a month’s time, the documents the works had been accomplished were in place, and the management ordered to pay out the remaining money of almost 62 million roubles, which was done. An expert, the investigation has involved, says the works done could be priced at about four million roubles, thus the costs have been raised. At the same time, the institute has not provided any project papers,” the press service said.
The police found out that five companies were fake: they were registered on the eve of the repairing works and realistically did not have any staff or offices. The police are sure the companies had been used to accumulate the money transferred to their accounts and cash it later on.
The police searched offices and houses of the suspects and confiscated documents, which would be used for the investigation. A criminal case on embezzlement was opened.