×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Record $185M in Cash Seized From Russian Official in Sting Operation

Moskva News Agency

Russian authorities have seized 12 billion rubles ($185.5 million) from former FSB official Colonel Kirill Cherkalin, making him the country’s richest ex-law enforcement official under investigation for corruption.

Cherkalin, former head of the FSB economic security department’s financial counterintelligence support unit, was charged with bribery of $850,000 last week. Videos posted online show bags stuffed with what was reported to be 12 billion rubles seized from Cherkalin.

The seizure makes Cherkalin the richest former law enforcement or security official under investigation for corruption, the Rosbalt news website reported on Friday.

“We suspect that [Cherkalin] received this money from commercial entities, primarily from heads of banks, for general protection,” an unnamed source in the special services was quoted as saying.

Cherkalin, as well as two former colleagues who had been apprehended on fraud charges, may have stashed an additional 12 billion rubles in shell companies, the Kommersant business daily reported.

Cherkalin unseats Dmitry Zakharchenko, the former deputy head of the Interior Ministry’s economic security and anti-corruption office, as the richest ex-official to be investigated for corruption. Authorities seized 9 billion rubles from Zakharchenko in 2017, which was valued at around $125 million at the time.

Kremlin spokesman Dmitry Peskov said Cherkalin’s indictment is part of routine anti-corruption efforts, not “some sort of unsystematic work.”

On Monday, the Baza Telegram channel published photographs of what it said was Cherkalin’s collection of dune buggies, snowmobiles and ATVs.

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more