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$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.





 


ALL ABOUT TOWN

Sunday, Dec. 21


The Zenit St. Petersburg basketball team returns to the northern capital this evening for a matchup with Krasny Oktyabr, a Volgograd-based basketball club. Tickets for the game, which tips off at 6 p.m. this evening, can be purchased on the clubs website or at their arena, Sibur Arena, on Krestovsky island.


Satisfy your sugar cravings during Sweet New Year, an ongoing seasonal festival at the Raduga shopping center. Each weekend of December will welcome hungry visitors to taste hundreds of different kinds of desserts. Workshops are open to visitors and seasonal gifts can also be purchased for those rushing to finish their New Year shopping.



Monday, Dec. 22


Pick out the latest fashions as holiday gifts for loved ones or as early presents for yourself during the Christmas Design Sale at Kraft on Obvodny Kanal, starting on Dec. 20 and continuing through Dec. 27. Designer clothes will be on sale every day of the week or you can buy something more festive to decorate the home while sipping on hot coffee and perusing the various master classes.



Tuesday, Dec. 23


Meet Arctic explorers Fedor Konukhov and Viktor Simonov during SPIBAs and Capital Legal Services event Arctic Expedition this morning in the Mertens House business center at 21 Nevsky Prospekt. The meeting will discuss the explorers ongoing eco-social project and how companies can use the project as a unique marketing opportunity. Email office@spiba.ru by Dec. 22 if you wish to attend.



Wednesday, Dec. 24


The Anglican Church of St. Petersburg we will be holding a Christmas Eve service at 7 p.m. led by Rev Wm. Shepley Curtis of the Episcopal Church. The service will be held at the Swedish Church at 1/3 Malaya Konyushennaya Ulitsa.



To have your event included in All About Town, email tot@sptimes.ru



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