17:00, 31 January 2011

President of “Olympstroy” state corporation Bolloev submitted a report of resignation

Teimuraz Bolloev, President of “Olympstroy” state corporation is leaving his office, Press service of the state corporation reported.

Alexandra Kosterina, Head of Press service of “Olympstroy” confirmed that Teimuraz Bolloev had retired for health reasons. According to unofficial data, Bolloev’s position will be taken by Sergey Gaplikov, Deputy Head of Government bodies of the Russian Federation, RBC reports.

It should be mentioned that the investigators did not discover a single fact of corruption in “Olympstroy” state corporation in 2010 and there were no criminal proceedings connected with it. This was stated by a representative of Investigative department of Prosecutor's committee of inquiry in Krasnodar region, RIA “Novosti” reports.

“Olympstroy” state corporation deals with building Olympic objects in Sochi and Krasnaya Palyana. Since the beginning of “Olympstroy’s” existence three heads of it have left this post.