MOSCOW, August 29 (RAPSI) – The Basmanny District Court of Moscow has detained former head of Dalspetsstroy construction company Yury Volkodav as part of the criminal case over embezzlement of 140 million rubles ($2 million), the press-service of the court has told RAPSI.
The defendant is charged with abuse of office. He is to stay in detention until October 27.
According to investigators, Volkodav, who headed the company in 2016, used the money inefficiently and overpaid suppliers 140 million rubles allocated for construction of housing.
In June, Russia’s Supreme Court mitigated the sentence of Dalspetsstroy building company’s ex-CEO Yury Khrizman and his son Mikhail convicted of embezzling 5.2 billion rubles (about $76 million) during Vostochny Cosmodrome construction.