Former first deputy of Vologda Region – head of finance department to stand trial for abuse of power

The Vologda Region investigating bodies of the Russia’s Investigative Committee have finished investigating a criminal case against former first deputy governor of Vologda Region – Head of the Finance Department of the Region Sergey Tugarin. He is charged with a crime under part 3 of article 285 of the RF Penal Code (abuse of power involving grave consequences).

According to investigators, in 2009-2011 Tugarin ensured that 6 companies (OSOK KUbena, OOO Vologda Poultry Farming Center, OAO Sheksna Poultry Factory, ZAO Sheksna Bread Baking Factory, OAO Vologda Bread Baking Factory, OOO Stroyneftegaz) received state regional guarantees while those companies had no right to them for different reasons. This caused ungrounded increase of Vologda Region’s state debt by over 1.5 billion rubles, that the Vologda Region treasury had to pay over 1 billion 158 million (158 million rubles without the right of recourse) to the banks, that Vologda Region had almost 200 million rubles of debt to the banks in state regional guarantees provided to PSKP Kubena, OOO Vologda Poultry Farming Center, that the region could not use the money paid to the banks for the needs of Vologda Region and its residents and could not provide guarantees to companies involved in social projects.

The investigators have enough evidence, so the indictment has been approved. The criminal case will soon be sent to court to be tried on the merits.