Vladimir Bautin, rector of the prestigious Timiryazev Agricultural Academy in Moscow, is suspected of embezzling 100 million rubles ($3.3 million) from the state by selling housing managed by the academy, Interfax reported Wednesday.
An Investigative Committee spokesman said more than 100 housing units in two buildings on Krasnostudenchesky Proyezd in northern Moscow were “unlawfully alienated,” the report said. He did not provide any details.
The case against Bautin, 62, was opened on charges of abuse of office, punishable with fines of up to 300,000 rubles ($9,900) and with up to 10 years in prison. The rector did not comment on the allegations Wednesday.