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Former Vice-Governor of St. Petersburg detained on suspicion of stealing 50 million rubles from city budget

Xinhua, November 17, 2016 Adjust font size:

Former Vice-Governor of St. Petersburg Marat Oganesyan was detained on Wednesday on suspicion of embezzling 50 million rubles ($770 million) during the construction of the Krestovsky Stadium.

Russian News Agency reports that the court will consider Oganesyan's arrest on Thursday.

According to the Investigation Committee version, in 2014, Marat Oganesyan used his position to ensure that TDM company would become a subcontractor in the construction of the Krestovsky Stadium and get the advance payment of 50.48 million rubles. This money was later embezzled via payments to "spacemen" (short-life firms specially created for fraud or tax evasion).

The new Vice-Governor of St. Petersburg Igor Albin posted in Twitter that the sum of money stolen from the city budget during the the construction of the Krestovsky Stadium (only according to the facts that the Construction Committee is already aware of) exceeds 700 million rubles ($10.8 million). Endit