MOSCOW, September 16 (RAPSI, Lyudmila Klenko) – Former head of the Mostovik construction firm Oleg Shishov, charged with 500 million rubles tax evasion ($7.8 million), had been sentenced to four years in prison, a judge assistant in the case told RAPSI on Friday.

Shishov will serve his term in a general regime penal colony, according to the court representative.

The prosecution earlier demanded a 5.5 year prison sentence for Shishov.

As it has been reported earlier, Shishov fully admitted his guilt and requested his case to be reviewed under a special procedure envisaging no examination of the evidence.

According to investigators, in 2009-2011 Shishov forged financial documents and tax declarations of Mostovik, falsely reporting completion of construction works in Vladivostok and other cities by outside contractors. Investigators claimed that these contractors did not do any works and the projects were completed by employees of “Mostovik” itself. As a result, investigators said that Shishov evaded paying over 478 million rubles ($7.4 mln) in taxes.

Additionally investigators alleged that Shishov embezzled 526 million rubles ($8.2 mln) received as advance payment for construction of the Omsk ring road.

The case materials made 221 volumes.