SocietyFormer head of Russia’s Deposit Insurance Agency sentenced to 4.5 years for 4 billion-ruble fraud
A Moscow court sentenced Andrei Melnikov, former head of Russia’s Deposit Insurance Agency, to 4.5 years in prison and fined him 900,000 rubles. It found that he stole 4 billion rubles through schemes involving the assets of Novosibirsk water park Aquamir. Melnikov pleaded guilty and was ordered to pay Aquamir’s former owners about 4.2 billion rubles.
Former head of Russia’s Deposit Insurance Agency sentenced to 4.5 years for 4 billion-ruble fraud