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Renova Group's top manager detained in bribery case

15:20 07/09/2016

MOSCOW, September 7 (RAPSI, Lyudmila Klenko) – A court in Syktyvkar, the capital of Russia’s Komi Republic, has detained Chief Managing Director at Renova Group holding Evgeny Olkhovik in a bribery case for two months, RAPSI learnt in the court on Wednesday.

Olkhovik was earlier arrested with another suspect in the case, CEO of T Plus Company, a subsidiary of Renova Group holding, Boris Vainzikher.

According to Vladimir Markin, the Investigative Committee’s official spokesman, investigative authorities in Russia’s Republic of Komi have initiated a criminal case against some former and acting managers of Kompleksnye Energeticheskiye Sistemy (KES) company, of which T Plus is the legal successor, on suspicion of large-scale bribery.

Investigators believe that in 2007 through 2014 the suspects bribed the officials currently involved in the criminal case against the Republic’s ex-head Vyacheslav Gaizer with money and other assets.

“The total amount of funds transferred as money reward made over 800 million rubles ($12.3 million),” the Investigative Committee’s Markin said earlier.

Investigators claim that Olkhovik and Vainzikher have received 177 and 89 million rubles ($2.7 million and $1.4 million) in bribes respectively and transferred the money to the accounts of affiliated companies.

Last week, searches and interrogations of witnesses were carried out at Moscow offices of T Plus and related companies with support from the regional and central directorates of the Federal Security Service (FSB).

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Renova Group's top manager detained in bribery case

15:20 07/09/2016 A court in Syktyvkar, the capital of Russia’s Komi Republic, has detained Chief Managing Director at Renova Group holding Evgeny Olkhovik in a bribery case for two months.
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