Friday, April 18, 2014
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS
MOST READ



PARTNER NEWS


Legendary Porcelain Artworks for Your Home
The Gift Projects online showroom...


BLOGS



OPINION

 

  Print this article Print this article

$1M Found In Storchaks Apartment

Published: December 7, 2007 (Issue # 1330)


MOSCOW A prosecutor said Wednesday that $1 million in cash had been found in the apartment of Deputy Finance Minister Sergei Storchak, who faces charges of attempting to embezzle $43 million.

The lead investigator in the case also told Rossiiskaya Gazeta that Storchak, who has denied any wrongdoing, had been detained on Nov. 15 to prevent him from fleeing the country.

A sum equivalent to $1 million was found in Storchaks apartment, Dmitry Dovgy, an official in the Investigative Committee of the Prosecutor Generals Office, told Rossiiskaya Gazeta.

Storchak has been charged along with two businessmen in relation to a failed attempt to recover a debt owed by Algeria. He faces up to 10 years in jail if convicted. The Finance Ministry declined to comment.

I repeat that there is sufficient proof of the guilt of the deputy minister, Dovgy said, according to a version of the Rossiiskaya Gazeta story published on the papers web site Wednesday.

Storchak, the countrys foreign-debt negotiator and supervisor of the $144 billion stabilization fund, failed to convince judges on Monday to release him from prison while under investigation.

The Prosecutor Generals Office said earlier Wednesday that they would not press charges against Storchak in relation to a separate case concerning a debt deal struck with Kuwait.





 


Times Talk

ALL ABOUT TOWN

Friday, Apr. 18


Teachers and students alike shouldnt miss the opportunity to establish lasting contacts with Russian and foreign institutions during the 21st Education and Career Fair at LenExpo, beginning today and finishing tomorrow. Learn more about education in Russia and connect with your fellow scholars.


The Tromso International Film Festival, Norways largest, brings a short festival to St. Petersburg for one day only during Scandinavian Oddities, starting at 7 p.m. today at Rodina Cinema Center. Tickets for the event are 100 rubles ($2.80).


Sunday, Apr. 20


Celebrate Easter at Pavlovsk during the Easter Fair that begins today and continues through next Sunday. Visitors will have the chance to paint Easter eggs and children can take part in games as well as help decorate a tree in honor of Christianitys holiest day.


Today is one of the final days to see the exhibit Cacti Children of the Sun at the Peter the Great Botanical Garden. Starting Apr. 17, budding botanists will marvel at the variety and beauty of the deserts most iconic plant.


Monday, Apr. 21


Improve your grasp of Neruda, Bolano and Marquez at TrueDAs Beginners Spanish Lesson this evening at their location on the Petrograd Side. An experienced teacher will be on hand to help all attendees better understand the intricacies of the language and improve their accent.


Tuesday, Apr. 22


SPIBAs Breakfast with the Director event series continues as the association welcomes Andrei Barannikov, general director of SPN Communications, to the Anna Pavlova Hall of the Angleterre Hotel this morning at 9 a.m. Attendees must confirm their participation by Apr. 21.


The AmCham Environment, Health and Safety Committee Meeting is scheduled to begin at 9 a.m. this morning in the their St. Petersburg office.