Owner of Rusnano’s portfolio company detained upon $8m-embezzlement case

Owner of Rusnano’s portfolio company detained upon $8m-embezzlement case
Rustam Ataullakhanov

The co-owner of NT-Pharm is suspected of withdrawal of 475 million rubles ($8 million) during construction of production capacities in the Yaroslavl region.

Officers of the capital Ministry of Internal Affairs detained co-owner of Rusnano’s portfolio company NT-Pharm Rustam Ataullakhanov. RBC reports about it with reference to sources.

According to an interlocutor of the portal, Ataullakhanov is suspected of embezzlement of 475 million rubles ($8 million) allocated by Rusnanotech for the building of pharmaceutical production in the Yaroslavl region. It is noted that the businessman acted through the director of the NT-Pharm company Evgeny Sultanov.

Besides, the source added that the money for the project was allocated to Rusnano. The means have arrived into accounts of NT-Pharm within the investment contract - a contribution to authorized capital and also as a loan within this contract. As a result, the plant has not been constructed.

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