MOSCOW, February 3 (RAPSI) – Former head of OEK-Finance, a company controlled by Moscow Department of city property, Andrey Bayabarov and his alleged co-conspirators will face trial in 282 million rubles ($4.7 mln) embezzlement case, RAPSI learnt from the Dorogomilovsky District Court’s press-service on Friday.

Investigators believe that Baybarov, acting as OEK-Finance head, organized a criminal group helping him to sign fraudulent contracts with OFSK company controlled by him. After 282 million rubles were embezzled, conspirators, including Tatyana Gurshenkova, Olga Kovaleva and Ekaterina Golosheva, used money for their own purposes.

Defendants in the case are charged with embezzlement, complicity to embezzlement and abuse of office. The case was transferred to the Dorogomilovsky District Court of Moscow.