ST. PETERSBURG, September 14 (RAPSI, Mikhail Telekhov) – Alexander Boluchevsky, Chairman of the finance committee of the Leningrad Region’s Vyborg district administration, has been arrested on suspicion of stealing 700 million rubles (over $9 million), the regional Investigative Committee’s Investigations Directorate has told RAPSI.

Last December, during the meeting of the Vyborg Common Council, Boluchevsky reported that the 2020 town’s budget was estimated at 712 million rubles, and the Vyborg district’s budget was 5 billion rubles ($66.5 million).

A case was opened over embezzlement and forgery by an official. According to the investigation, a check by prosecutors and investigators revealed that Boluchevsky using work completion certificates for repair and overhaul of premises and buildings in Vyborg, which were not de facto fulfilled, transferred budget funds totaling over 700 million rubles to accounts of controlled entities. Later, the money was given to him, investigators claim.

Investigators take steps aimed at the compensation of damage, the statement reads.