29 Nov 2017 22:25

Ex-employees of Rosneft, subsidiary arrested for fraud - Interior Ministry

MOSCOW. Nov 29 (Interfax) - Former employees of Rosneft's central office and subsidiary have been arrested on suspicion of embezzling 300 million rubles, Russian Interior Ministry spokeswoman Irina Volk told Interfax on Wednesday.

"Police officers and Rosneft's security service have uncovered a large fraudulent scheme involving funds of the company's subsidiary. Former employees of the central office and a subsidiary were detained on the basis of intelligence provided by Rosneft's security service," Volk said.

It was established that perpetrators forged documents according to which the subsidiary owed 3.2 billion rubles to an organization controlled by the suspects, Volk said. On the grounds of these documents, over 300 million rubles were transferred to the shell company's account and subsequently converted into cash and embezzled by the suspects. A restrictive measure in the form of placement into custody was imposed, Volk said.

Charges were brought against the suspects, she said. A criminal case on the count of a massive fraud was opened on these grounds.

"Police officers conducted 20 searches in the Moscow area, the Krasnoyarsk territory, the Rostov and Tymen regions. Items and documents relevant for the investigation of the criminal case were found and seized," Volk said.

Operative and search measures aimed at identifying other members of the group and additional counts of their illegal activity are continuing, she said.