News

The Kirov Regional Investigative Department of the Investigative Committee of Russia launched a probe into former Governor of the Kirov Region Nikita Belykh under Part 2 of Article 286 of the Criminal Code of Russia (abuse of office by a person holding a public office in the Russian Federation).

According to investigation, in 2015 Nikita Belykh, holding position of Governor of the Kirov Region and acting out of personal motives, ensured conclusion of a loan agreement for 320 million rubles between Kirov Regional Mortgage Corporation JSC (K.R.I.K. JSC) and a company from the Kirov Region. Under the agreement, the funds with the payment of interest were to be returned by November 2016. Subsequently, the governor of the Kirov Region, during the working meetings, gave instructions to distribute these funds for the needs of other legal entities not related to the statutory goals of the activities of K.R.I.K. JSC and being knowingly insolvent, with the aim of short-term improvement of their financial situation. The amounts owed were not returned to K.R.I.K. JSC. Later over 202 million rubles were collected in favor of K.R.I.K. JSC from the Government of the Kirov Region under decision of the Kirov Regional Arbitration Court.

Thus, the unlawful actions of the suspect inflicted to the budget of the Kirov Region material damage for the indicated amount, which resulted in a significant violation of the rights and legally protected interests of society and the state. 

At present, the investigation is carrying out a set of investigative activities aimed to establish all circumstances of the incident. The criminal investigation is ongoing.