ICR completed investigation against former Head of RRDB
The case of the former banker will be considered in the court.
The ICR completed investigation of the case against the former President of JSCo Russian Regions Development Bank (RRDB), the Vice-President of JSCo MC Pallas Athena, Dmitry Titov, reported the edition Kommersant. All the documents in the case investigators sent for approval to the Prosecutor.
Titov is accused of large-scale swindling: according to the investigation, the bank gave out deliberately bad loans on a large scale under his leadership. He was charged under part. 4 of Art. 159 of the Criminal Code (Swindling in an especially large scale). In July 2015 the former banker was detained and placed under arrest.
Titov himself left the job in RRDB (controlled by Rosneft) back in 2010. Currently he holds the position of the Vice-President of JSC MC Pallas Athena - the management company of the same name building holding. Group turnover in 2014 exceeded $ 1 billion.
Despite charges, the ICR has not mentioned the exact amount of the damage caused by the alleged fraudulent activities of the banker. Lawyers asked to release him on bail or placed under house arrest, alleging that the defendant's incriminated actions fall under the category of swindling in business. In response, the court said that because one of the bank's shareholders was the Russian Federation indirectly, the detention is unfounded. In addition, the court referred to large volumes of the case and unidentified circumstances.
However, in early 2016 the court abruptly changed its mind and released Titov: first under house arrest, and then on written undertaking not to leave the place. In early spring, investigators transferred investigation materials to the former banker for review, and then to the Prosecutor's Office for approval. If the agency approves documents in the near future, the case will be considered in court. The defense lawyer Victor Burobin declined to comment on the case because of the client.
Aqua business on Baikal. Chinese people to drink the unique lake to the lees? What does this have to do with Deripaska?
Following a request from the West-Baikal Interdistrict Environmental Prosecutor's Office, the Kirovsky District Court of Irkutsk has suspended the construction of a water bottling plant in Kultuk township, Slyudyanka district, pending the rectification of defects identified in the course of the inspection. The construction has been put on hold; the court has to make the final decision in two months. In the meantime, public activists and environmentalists are ringing alarm bells. An all-Russia public rally to protect Lake Baikal is scheduled to March 24; its program includes collection of signatures against the plant construction by AquaSib company belonging to Chinese investors. A day after the court decision, a fire occurred on Talovskie swamps in Kultuk – it must be noted that the main claims brought against the project owners pertain to these swamps. The CrimeRussia was figuring out what threats does the project pose to the lake and local environment, how was it approved, whether a ‘water competition’ is possible in the region, and what has oligarch Oleg Deripaska to do with this?