The Main Investigations Directorate of the Russia’s Investigative Committee has finished investigating a criminal case against first deputy finance minister of the Moscow Region Valery Nosov, former CEO of the company founded by Moscow Region Government “Moscow Regional Trust Company” Vladislav Telepnyov and economist of OOO NET-Finance (LLC) Yelena Kuznetsova. Depending on the role of each one they are charged with crimes under part 4 of article 159 of the RF Penal Code (swindling committed by an organized group on an especially massive scale), part 3 of article 174.1 (legalization of property obtained by criminal way), part 4 of article 160 (embezzlement).
According to investigators, in the period between 2005 and 2008, the accused as members of an organized group led by Alexey Kuznetsov by deceit and abuse of trust purchased from a number of enterprises of housing and communal services in Moscow Region the right to demand the debts worth in total over 3.5 billion rubles and got loans on this sum. Having a real opportunity to use the money obtained by a crime, the members of the group by financial transactions transferred the money to the accounts of the firms under their control and spent them in their own interests. Later by different financial transactions, using forged documents, the accused stole the same sum from the budget of Moscow Region. In addition, the members of the organized group during the same period of time by deceit and abuse of trust stole 7.2 billion rubles from OAO Mosobltransivest (OJSC)
The investigators have gathered enough evidence and the criminal case has been forwarded to the prosecutor’s office for the indictment to be approved and further on into court to be tried on the merits.
Alexey Kuznetsov, who was wanted, has been located and at present his extradition in Russia is being discussed. Kuznetsov’s wife Zhanna Bullokh, who is also an accomplice in the crimes, is still internationally wanted.
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