Support The Moscow Times!

Storchak Inquiry Ends

The Investigative Committee has finished an inquiry into Deputy Finance Minister Sergei Storchak, who is charged with attempted large-scale fraud, and forwarded the case to the Prosecutor General’s Office, Interfax said Friday.

Storchak, as well as bankers Viktor Zakharov and Vadim Volkov, is suspected of trying to embezzle $43.4 million in state money. Storchak, who spent 11 months in pretrial detention before being released in 2008, has denied wrongdoing.

Finance Minister Alexei Kudrin said Friday that his ministry has filed an official request to drop the case with the Prosecutor General’s Office, which is now to consider whether to present Storchak with formal charges.


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.