MOSCOW, June 23 (RAPSI, Lyudmila Klenko) – The Moscow City Court is to examine the lawfulness of detention of Andrey Gorkov, a managing director of the state-owned technology corporation Rusnano, charged with abuse of his position in the company, the court’s spokesperson Yunona Tsareva told RAPSI on Friday.

Earlier this month, Gorkov appealed his detention in the case over embezzlement of more than 700 million rubles ($11.7 million at the current exchange rate).

On June 11, the Basmanny District Court of Moscow detained Gorkov until August 9 in the case over machinations with corporation’s assets. Investigators believe that in 2011-2013 Gorkov was transferring Rusnano’s assets to the Smolensky Bank under the guise of provision of cash services, in effect financing its activity. The top manager denies guilt and notes that he did not have the right to manage corporation’s money at the moment of revocation of the bank’s license in 2014.

As a result, Rusnano lost over 738 million rubles ($12.3 million) and, according to investigators, 400 million ($7 million) were allocated to Gorkov’s brother, who is at this time wanted by the police, a day before the license was revoked.