Kabardino-Balkarian ex-Minister of Finance arrested upon case of illegal loan issues for $2m
Zaur Likhov became a figurant upon the case of abuse of authority.
In Kabardino-Balkaria, a criminal case was initiated on the illegal issuance of loans worth 123.4 million rubles ($2m). A total of about 20 loans were issued. In the case, the former director of a branch of one of the banking institutions and his deputy were arrested. Investigation unit of the FSB in the Kabardino-Balkaria opened a criminal case on suspicion of Abuse of Authority (part 2 of Article 201 of the Criminal Code of the Russian Federation). The FSB does not disclose the names of the suspects.
As reported by RIA Novosti referring to a source in the law enforcement agencies of the region, one of the detainees is ex-Finance Minister of the Kabardino-Balkaria Zaur Likhov, who previously worked as a director of the Rosselkhozbank branch.
In July 2017, Likhov was dismissed from office, where he worked since May 2015.
The court believes that Anzhela Maria Tsapok could have made the money to buy the house and the expensive car by legal means, since she owned a firm. The court still refused to lift the attachment from her 6 million dollars.