08 May 2013, 21:00
Krasnodar Territory: police reveals theft of 5.5 billion roubles from "Rosselkhozbank"
The Russia's MIA has documented - in the course of the audit 25 episodes of stealing money from the Open Joint-Stock Company (OJSC) "Rosselkhozbank" (Russian Agricultural Bank) in the sum of over 5.5 billion roubles; the thefts were committed by two bosses of a major agro-industrial complex of the Krasnodar Territory; a criminal case on the fact of a fraud has been opened against them, the Russia's MIA reports.
The inquiry conducted by employees of the Chief Department of the MIA for the Southern Federal District (SFD) has established that in 2005-2008 in the city of Eysk, Krasnodar Territory, the suspects organized a group of over 60 companies and gave instructions to submit documents for taking loans from the OJSC "Rosselkhozbank" on behalf of various controlled enterprises.
As the aims of crediting they claimed seasonal works, purchase of fuel and lubricants, spare parts and equipment, purchase of fertilizers and plant protection means, while the accompanying documents indicated knowingly inflated financial data of the companies, fraudulent financial documents and overstated revenues.
The funds received as credits were used by the suspects at their discretion; most of them were never repaid, which was the motive for criminal investigation, according to the statement on the website "News of the Ministry of Internal Affairs". It also states that these 25 episodes of fund embezzlement from the OJSC "Rosselkhozbank" were not the only ones; and that in respect of the two suspects, a 56-year-old woman and a 53-year-old man, whose names are not disclosed, already 17 criminal cases have been opened.
