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Renova Group's top manager appeals detention in bribery case

13:46 08/09/2016

MOSCOW, September 8 (RAPSI, Lyudmila Klenko) – A court in Syktyvkar, the capital of Russia’s Komi Republic, has registered an appeal against detention of Chief Managing Director at Renova Group holding Evgeny Olkhovik in a bribery case, RAPSI learnt in the court on Thursday.

Olkhovik was detained on Wednesday. Earlier he has been arrested with another suspect in the case, CEO of T Plus Company, a subsidiary of Renova Group holding, Boris Vainzikher.

Detention of Vainzikher has not been appealed yet.

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 appeals detention in bribery case

13:46 08/09/2016 A court in Syktyvkar, the capital of Russia’s Komi Republic, has registered an appeal against detention of Chief Managing Director at Renova Group holding Evgeny Olkhovik in a bribery case.
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