Russian prosecutors want billionaire Moshkovich’s assets seized in fraud case, RIA reports
MOSCOW: Russian prosecutors have asked a court for permission to seize the assets of Vadim Moshkovich, the billionaire founder of leading agricultural producer Rusagro , who is accused of embezzlement, the state RIA news agency reported on Friday.
Moshkovich, a member of Russia’s upper house of parliament between 2006 and 2014, was arrested in March and has been charged with embezzling 30 billion roubles ($400.29 million). He has pleaded not guilty.
A court hearing to rule on the seize request — which also involves five other defendants, including former company CEO Maxim Basov, is scheduled for May 4, RIA said.
Prosecutors are seeking to seize movable and immovable property, land plots, and cash and company assets with a total value exceeding several billion roubles.
