Over 100 bank accounts blocked as part of Navalny foundation case
MOSCOW, August 8 (RAPSI) – Courts have blocked more than 100 bank accounts as part of a case over laundering of nearly 1 billion rubles (over $15 million) by individuals related to the Anti-Corruption Foundation, a nonprofit organization established by opposition politician Alexey Navalny, the Investigative Committee’s news release reads.
The accounts of the Foundation and the Defense of Rights of Citizens NGO were blocked to, according to investigators.
Earlier, investigators opened a case over financial transactions involving offense-related funds aimed to finance Navalny’s Foundation. Investigators believe that the Foundation received illegal funding, and its administration were on board with it.
The Anti-corruption Foundation is NGO investigating, exposing and fighting corruption among high-ranking Russian government officials, according to the organization’s website. It was founded in 2011 and is financed solely by donations from its supporters.