MOSCOW, September 25 (RAPSI) – The Preobrazhensky District Court of Moscow has granted a motion of businessman Nikolay Martynov, found guilty in the notorious large-scale embezzlement case related to Russia’s Federal Penitentiary Service (FSIN), to release him on parole, the court’s press-service told RAPSI on Monday.

On June 30, 2016, Martynov was sentenced to 3 years and 8 months in prison and fined 500,000 rubles ($8,700 at the current exchange rate). He fully admitted his guilt in large-scale embezzlement committed between 2010 and 2012 during the purchase of ankle bracelets for the FSIN. Martynov cooperated with the investigators and announced that he is going to compensate the government with delivery of 7,000 new ankle bracelets. Businessman was a head of “NPF Meta” company that was supplying bracelets for prison inmates.

This June, Moscow’s Zamoskvoretsky District Court sentenced former head of FSIN Alexander Reimer to 8 years in prison in this case. He was also fined 800,000 rubles ($14,000) and stripped of his General rank.

Reimer’s former deputy Nikolay Krivolapov, and ex-director of FSIN’s Information and Technical Support Center Viktor Opredelyonov, received 5 years and 8 months, and 6 years in prison respectively. Krivolapov was fined 600,000 rubles ($10,500) while Opredelyonov got a 700,000-ruble fine ($12,300). According to investigators, Reimer, Krivolapov and Opredelyonov conspired with Martynov to embezzle monetary funds from the Russian state budget.

From 2010 to 2012, Reimer and his accomplices stole money allocated for the purchase of ankle bracelets for persons placed under house arrest. The procurement was pursued at an enormously overvalued price. Damage allegedly caused to the state budget was estimated at no less than 2.7 billion rubles ($47 million at the current exchange rate).

The defendants have been charged, depending of their role, with abuse of office and embezzlement committed through abuse of office. Krivolapov was additionally charged with illegal possession of ammunition. They pleaded not guilty.