MOSCOW, May 11 (RAPSI) - Leonid Melamed, former chief of the Russian nanotechnology corporation Rusnano who stands charged with embezzlement, has been released from house arrest, his attorney Ruslan Kozhura told RAPSI on Thursday.

Moreover, prosecutors refused to approve indictment in the case, according to the lawyer. The Prosecutor General’s Office has not officially confirmed this information yet.

The Investigative Committee claims that between 2007 and 2009, Melamed along with ex- corporation managers Andrey Malyshev and Svyatoslav Ponurov illegally transferred over 220 million rubles ($2.9 million) from Rusnano to Alemar Co. controlled by Melamed. The defendants pled not guilty.

According to the information available, the case was opened after the check of the corporation’s finance indicators by the Audit Chamber. The Defendants have been charged with large-scale embezzlement of public funds.