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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

Thursday, July 24


Liliana Modiliani, a well-known Russian stylist, will talk about choosing clothes that fit during her lecture at 7 p.m. at the Pryamoy Efir art club, 13 Viborgskoe Shosse.



Friday, July 25


Discuss Russias economic and political prospects for 2014 during a Business Breakfast organized by SPIBA at 9.30 a.m. in the Bank Saint-Petersburg office at 64


Malookhtinsky Prospekt.


Start your weekend with adorable miniature pigs at the Squealing Pig festival at 7 p.m. this evening in the Karl & Friedrich restaurant, 15 Iozhnaya doroga, on Krestovsky Island.



Saturday, July 26


Hundreds of brand-new and retro cars, drag and drift shows, test drives and karting are planned for the Avtobum-2014 festival, which will take place in front of the RIO shopping center at 2 Fuchika Ulitsa.


Participants in todays SaniDay Summer competition will impress visitors with their hand-made, unusual and hilarious boats, which will race at the Igora Resort near the 54th kilometer on Priozerskoe Shosse.


Metro Family Day will include both serious lectures for adults and master-classes for children, making the event interesting for the whole family. To participate, come to Kirov Park on Yelagin Island.


Photography will be the focus of todays Photosubbota, which features lectures by famous photographers, meetings with photo schools and studio representatives, and participation in a photography competition. The event starts at noon at Petrokongress, 5 Lodeynopolskaya Ulitsa.


If you like cycling, make sure to visit the Za Velogorod Festival with its retro bike exhibition, market and live music. The second round of the Leningrad Criterium race will also take place during the event at Petrovsky Arsenal in Sestroretsk.



Sunday, July 27


Navy Day will be celebrated with a weapon and military transportation exhibition, self-defense master classes and concerts. The event starts at 1 p.m. in the 300th Anniversary Park of St. Petersburg.



Monday, July 28


Dont miss a chance to see the latest achievements in robotics during the RoboDom interactive show, exhibiting more than 150 robots. The show will be at BUM center, 22/2 Gzhatskaya Ulitsa, until Aug. 3. The entrance ticket costs 350 rubles ($10).



Tuesday, July 29


A video of a Queen concert from 1986 will be shown today at 8 p.m. in Yaschik, 50/13 Ligovsky Prospekt.



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