Murmansk Region investigating bodies of the Russia’s Investigative Committee have finished investigating a criminal case Gennady Shubin, Natalya Tyukacheva and Mikhail Borodulin. They are charged with crimes under part 4 of article 159 of the RF Penal Code (fraud on an especially massive scale committed by an organized group), paragraphs “a” and ”b” of part 2 of article 174.1 (legalization of money obtained by a crime committed by a group of people in preliminary conspiracy and a person using their official position).

According to investigators, Shubin set up and took leadership of an organized criminal group, which over 4 years stole money on an especially massive scale from power suppliers in the Murmansk Region and then laundered the money. In the period between 2008 and 2012 the criminal group led by Shubin stole over 1.8 billion rubles causing the power suppliers a grievous damage. The illegal activity of the group was suppressed by law enforcement officers.

In addition, Shubin and Khazov are charged with stealing money from Sberbank of Russia, received as loans without intention to pay back 435 million rubles and with money laundering.

The investigators have also found that Shubin by deceit illegally obtained ownership of municipal property worth over 200 million rubles in the town of Polyarnye Zori.

The investigators have gathered enough evidence, therefore, the criminal case with the approved indictment has been sent to court to be tried on the merits.

Head of Media Relations                                                                                                    V.I. Markin