Ex-Head of RusHydro accused of fraud

Ex-Head of RusHydro accused of fraud
Evgeny Dod

Evgeny Dod awarded himself additional 73 million rubles in bonuses.

Former chairman of the RusHydro Company board Evgeny Dod and the chief accountant, the head of the department of corporate accounting and reporting Dmitry Finkel, have been charged with large-scale fraud (art. 159 para. 4 of the Russian Criminal Code).

The investigators claim that Dod and Finkel appropriated more than 73 million rubles. Dod signed a forged financial report by the chief accountant, which helped him to receive 353,21 million rubles for his work in 2013. The amount of bonus was overstated by more than 73 million rubles.

The investigation will apply for taking the accused into custody.

The Investigative Committee stressed that the circumstances of this criminal case have no connection to the current management of the company.

Evgeny Dod headed the RusHydro Open Joint Stock Company from November 2009 to September 2015. Currently, he is Chairman of the Board of Directors of the Quadra Public Joint Stock Company, created during the reform of Russian Open Joint Stock Company UES of Russia.



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