News

The investigating bodies of the Russia’s Investigative Committee in Murmansk Region have initiated a criminal case against chairman of regional Duma of fifth convocation Vasily Shambir suspected of the crime under part 4 of article 160 of the RF Penal Code (stealing of funds on an especially massive scale).

According to investigators, between 21 June 2007 and 20 March 2009 Shambir while being a shareholder, member of the board of directors and the CEO of OAO Kandalaksha Pilot Engineering Plant (OJSC) (hereinafter the plant) stole money. Each month on false grounds (prepayment, wage, vacation pay, final payment, quarterly bonus) he signed checks on the name of an authorized representative and then gave orders to withdraw the funds transferred to the account of the plant. This way he illegally received over 40 million rubles.

In addition the suspect illegally transferred over 1.5 million rubles owned by the plant he was in charge of to his personal account opened at Murmansk affiliate of a commercial bank.

This way Shambir stole over 42 million rubles owned by the plant.

At present investigating and search operations are underway to gather and consolidate the evidence. Investigation is ongoing.