MOSCOW, August 1 (RAPSI, Lyudmila Klenko) – Moscow’s Basmanny District Court has changed a restrictive measure of Yevgeny Olkhovik, a co-owner of top Russian group of companies Renova and Boris Vaynzikher, CEO of Renova’s subsidiary, T Plus Company, from detention to house arrest, the court’s press service told RAPSI on Tuesday.

Olkhovik and Vaynzikher involved in a bribery case will stay under house arrest until August 5 and 6 respectively.

Investigators in Russia’s Republic of Komi have initiated a criminal case against some former and acting managers of Kompleksnye Energeticheskiye Sistemy (KES) company, of which T Plus is the legal successor, over alleged corruption. At that time, the offices of the company’s parent holding Renova were also raided.

Three men holding CEO posts in the KES at different time, Olkhovik, Vaynzikher and Mikhail Slobodin are defendants in the case. Vaynzikher and Olkhovik were initially put detention. Slobodin, ex-head of the telecommunications giant VimpelCom, has been arrested in absentia. In late July, Russia’s prosecutors turned to Interpol asking it to issue a Red Notice for Slobodin.

Investigators believe that between 2007 and 2014 the defendants bribed officials currently involved in the criminal case against the Republic’s ex-head Vyacheslav Gaizer. Olkhovik and Vaynzikher have allegedly received 177 and 89 million rubles (about $4.5 million in total) in bribes respectively during their management in the Kompleksnye Energeticheskiye Sistemy and transferred the money to the accounts of affiliated companies.