Court extended arrest of Renova top managers

Court extended arrest of Renova top managers
General director of the power company T Plus Boris Vainzikher

The Moscow City Court upheld the extension of arrest of Boris Vainzikher and Evgeny Olkhovik.

The Moscow City Court upheld the arrest’s extension of managing director of Renova Evgeny Olkhovik and general director of controlled by Renova power company T Plus Boris Vainzikher.

Previously, the decision to extend the period of arrest to two persons involved in cases of bribery by Komi leadership was taken by the Moscow Basmanny Court.

Recall, Vainzikher and Olkhovik, who headed the JSC Integrated Energy Systems (IES) from 2007 to 2014, were placed under arrest in September 2016. The investigation imputes to them the transfer of 800 million rubles ($13 770 145) as bribe to officials of the Komi Republic. In exchange, the Republic's leadership ensured T plus company a comfortable working environment in the region.

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