Fraud probe completed into Moscow Region district ex-head
MOSCOW, December 16 (RAPSI) – Investigation into ex-head of the Moscow Region’s Serpukhov District Alexander Shestun has been completed, the Investigative Committee’s press service reports Monday.
The case has been forwarded to prosecutors for indicting.
Shestun stands charged with fraud, money laundering, illegal business and receiving a large-scale bribe, the statement reads.
According to investigators, acting as a head of the Moscow Region’s Serpukhov District, from 2003 to 2018, Shestun created 43 commercial organizations through his trustees and ran them. Profits he used for purchasing municipal land plots at bargain prices.
Moreover, between 2008 and 2011, Shestun along with his business partners Boris Krivodubsky and Sergey Samsonov illegally acquired title to four land plots with an area of 10 hectares through affiliated firms and therefore caused damage worth over 64.5 million rubles to the budget. In total, the accomplices sold illegally acquired plots for 160 million rubles. Initially, they bought the land for 628, 000 rubles, case papers read.
The investigation obtained evidence of possession of assets worth about 3.2 billion rubles by Shestun, his business partners, their relatives and other individuals and legal entities.
In April, the Krasnogorsk City Court in the Moscow Region forfeited 10-billion-ruble ($150 million) worth assets owned by Shestun to the state. The court therefore granted a motion lodged by the Prosecutor General’s Office to seize more than 670 real estate items in the Moscow Region’s Serpukhov district and 22 cars. This property status does not correspond to his income, prosecutors stated.