Director of building firm in Magadan stole 34 million rubles from regional budget

Director of building firm in Magadan stole 34 million rubles from regional budget

From the amount, allocated under the program on resettlement of citizens from dilapidated houses, the businessman spent only 195 thousand rubles for the purpose. This amount is only enough for the construction of the foundation of a house.

The Prosecutor's Office in Magadan region has sent to the court a criminal case against the director of a construction company LLC Stroyvest Sergey Shumakov, who stole money intended for the construction of residential houses.

The businessman received from the regional budget more than 34 million rubles allocated for the program to move people out of dilapidated houses in May 2014. For this amount the construction company was to build two residential apartment buildings. However, from the allocated budget Shumakov spent only 195 thousand rubles, the rest of the money a man wasted on loan repayments of his organization.

Disbursed 195 thousand was only enough for the construction of the basement of a house, the construction of the second building did not start at all. The municipality terminated the contract with LLC Stroyvest in court.

The Prosecutor's Office in the Magadan region approved the indictment against the director of a construction company. A criminal case under article Swindling (part 4, Art. 159 of the Criminal Code) is directed to the Magadan City Court for consideration on the merits.

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