MOSCOW, March 29 (RAPSI) – Moscow’s Basmanny District Court has denied a 15-million-ruble ($232,000) bail to ex-governor of Russia’s Khabarovsk Region Victor Ishayev over alleged embezzlement of monetary funds from Rosneft oil company, according to a RAPSI correspondent.

The former governor has been placed under house arrest until May 27 as requested by investigators, the court’s ruling reads.

Ishayev was arrested in Moscow on Thursday.

From 2013 to 2018, Ishayev was a vice-president of Rosneft. According to investigators, between 2014 and 2017, he fraudulently ensured signing of premises lease agreements for the company office’s use in the Khabarovsk Region at an overvalued price. The contracts were concluded with Ishayev’s firm.

According to investigators, damage caused by Ishayev is estimated at 5 million rubles (about $80,000).

The defendant pleads not guilty.

Last week, a court in Khabarovsk detained the first deputy chair of the region’s government Vasily Shikhalev charged with abuse of office and his alleged accomplice, timber industrialist Alexander Pudovkin.