Head of KBR Pension Fund detained on suspicion of embezzlement

The police today have detained in Nalchik the head of the Pension Fund of the Kabardino-Balkarian Republic (KBR) Khasanbi Sheozhev, suspected of fraudulent embezzlement of almost 70 million roubles.

The bureaucrat was detained under the earlier initiated criminal case, reports the MIA of the KBR. He is accused of stealing 68,660,000 roubles from his Fund, the "Interfax" reports.

So far, there are no comments of Khasanbi Sheozhev or his representatives.