Yesterday the Investigative Committee of MIA of the RF filed a charge of fraud on a large scale in an organized group (Part 4 of Art. 159 of the Criminal Code) to the former Deputy Minister of Finance, Government of the Moscow Region, an owner of the financial company "Horizon" and the publishing house Ltd. "Artmedia groups", Valery Nosov. Investigators believe that in 2007-2008 the ex-official along with accomplices had damaged the Moscow region budget in excess of 27 billion rubles.
He and his alleged accomplices (who are currently put on the international wanted list - former Minister of Finance of the Moscow region Alexei Kuznetsov, his wife and the president of JSC "RIGroup" Janna Bulok, and Director General of OOO “Russian Investment Group” Dmitri Kotlyarenko) have been charged with damage to the budget of the Moscow region for more than $ 27 billion rub. Mr Nosov does not plead guilty.
That criminal case was opened yet on February 12, 2010. It is connected with the Moscow Regional Investment Trust Company (MOITK); its main activity was investing in socially significant projects of the Moscow region, and the only shareholder was the Government of the Moscow district. According to investigators, the property of MOITK became an object of the theft. According to the case material, the activities of the company was controlled by the Finance Minister of the regional government Alexei Kuznetsov, while his deputy Valery Nosov was a chairman of the board of directors.
In addition, Messrs. Nosov and Kuznetsov used their official position, and directed the Board of Directors MOITK to sell the most liquid assets of "Rosweb” to Janna Bullok and Dmitry Kotlyarenko at face value, and the remaining shares were sold to several fictitious companies also controlled by the Mrs. Bullock. The payment of shares and assets, according to the investigation, also was not provided. Eventually MOITK lost the right to possess, use and dispose the property of the Moscow region of over 2.6 billion rubles.
Investigators believe that the main damage to the treasury of the Moscow region was made by the former finance minister and his deputy, i.e. by their direct orders to MOITK to lend budget money to the entities controlled by Jeanne Bullock and Dmitry Kotlyarenko. Over the past year and a half they received more than 25 billion rubles. That became the reason for implementation of the bankruptcy procedure in MOITK.