MOSCOW, December 27. /ITAR-TASS/. The Tverskoy court in Moscow has found lawful the opening of a criminal case versus Deputy Chairman of the Russian state-owned bank Vnesheconombank (VEB) Anatoly Baloo, who is accused of abuse of power.
Thus, the court has turned down an appeal, which the lawyer of the defendant had filed against the opening of the criminal case and the launching of separate court proceedings.
The court has found the action of the detective lawful, Judge Tatiana Neverova said in a court ruling.
“The Moscow city court will appeal the today’s court ruling,” Ballo’s lawyer Igor Khadartsev said.
The Moscow city court has cancelled two rulings by the Tverskoy court and has brought back the appeal for repeated hearings.
Ballo was accused of theft of 14 million dollars, which made part of a credit, which Vnesheconombank had allocated to the company Evraziisky (Eurasian) to buy the full authorised capital of the company Yugvodokanal. The police stated later that “the fact of theft of the VEB monetary funds in the taking of a credit by Evraziisky Ltd. was not confirmed.” Finally, the accusation against Ballo was changed from a massive fraud to the abuse of powers. The detectives found that the banker had acted against the VEB interests.