MOSCOW, September 25 (RAPSI, Lyudmila Klenko) - Ex-head of hydroelectric power giant RusHydro Yevgeny Dod and the company’s ex-chief accountant Dmitry Finkel involved in a 73-million-ruble ($1.3 million) embezzlement case have been released from the house arrest, a source close to investigation told RAPSI on Monday.

The term of their house arrest expired on September 22, however, investigators did not file a motion for its extension, the source noted. The defendants’ defense in turn declined to comment on the case.

As previously reported, prosecutors have refused to approve indictment and the case was returned to investigators. Reportedly, facts indicating that the case had been opened unreasonably were revealed during investigation. 

In late December 2016, the court released the defendants from detention and placed them under house arrest upon the investigator’s motion. Investigator said that RusHydro ex-head had reimbursed the company for alleged damage.

According to the Investigative Committee, in 2013, Dod awarded himself a bonus for his work in RusHydro of 353.2 million rubles (about $6.2 million at the current exchange rate), overestimating therefore its amount by 73 million rubles.
Dod and Finkel pleaded not guilty. However, Dod expressed his willingness to reimburse the company for alleged damage.

On August 1, 2016, Moscow's Basmanny District Court ruled to seize assets belonging to Dod and members of his family. On September 5, the Moscow City Court lifted seizure on assets of Dod's wife and sent the claim for reconsideration.
Dod left RusHydro at his own request in August 2015.