Former Rosnano finance director to serve more time in prison

Former Rosnano finance director to serve more time in prison
Svyatoslav Ponurov

Basmanny Court of Moscow extended the arrest of Svyatoslav Ponurov, the former financial director of the state corporation Rosnano, until July 6. Ponurov stands accused of embezzling more than 220 million rubles that belonged to the Rosnano Corporation.

Delivering the verdict, the court relied on the absence of grounds for easing the pre-trial restriction. Investigators believe that in 2008 and 2009, the state corporation and the Alemar Investment and Finance Company signed a contract. The latter, which is owned by one of the defendants in the case of Russian businessman Leonid Melamed, was to provide consulting services to the current Rosnano. Under the guise of such activities, Melamed’s former deputy Malyshev, together with Ponurov, transferred a huge sum to the Alemar’s account. In total, more than 220 million rubles were embezzled.

On June 8, the court also extended the house arrest until July 1 for the main defendants in the case - former head of Rosnano Leonid Melamed. None of the defendants pleaded guilty. The Rosnano Corporation still denies any harm done.

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