The Major Investigations Directorate of the Russia’s Investigative Committee continues investigation against members of an organized group acting under the leadership of first vice-president of Moscow Region – Minister of Finance Alexey Kuznetsov. They are charged with fraud committed by an organized group on a very large scale (part 4 of article 159 of the RF Penal Code), money laundering (part 3 of article 174.1) and embezzlement (part 4 of article 160).
According to investigators, the damage made by the group reached over 14 billion rubles. The money was transferred to the accounts of the accused opened in banks on Cyprus, in France, Switzerland, USA. It was revealed that Kuznetsov and Bullok sued the money to buy two hotels in Courchavel, France, and some other property abroad. In addition, it was registered that some of the money was transferred to the account of firms that bought art from Sotheby’s auction. The documents the Investigative Committee got from abroad confirm all of those transactions.
Despite the fact that Kuznetsov and Bullok are wanted around the world, the investigators are taking measures to compensate for the damage made by their crimes. Namely, the investigators found a lot of pieces of art that belonged to the accused in Saint-Petersburg. There were over 100 paintings, 200 items of historical arms, outfit and armor, about 800 pieces of printed materials, ancient books, programs, manifestos and furniture. Earlier the investigators had arrested 8 pieces of lands in Moscow Region, 2 apartments in Moscow and 2 Kuznetsov’s cars.
To guarantee a civil action the investigators have sent requests to Switzerland, France, Cyprus and USA to arrest bank accounts and property of the accused. Namely, the investigators request to arrest two apartments of the accused (3-room and 4-room) in Gstaad community (Switzerland) worth 10.5 million Swiss francs and 10 cars.
The investigation is ongoing.
Head of Media Relations V.I. Markin
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