×
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.

Russia’s FSB Arrests Ex-Official Accused of Embezzling $22.6 Mln

Oleg Donskikh. FSB

Russia’s Federal Security Service (FSB) said Monday that it arrested a former Agriculture Ministry official accused of embezzling billions of rubles more than a decade ago.

Law enforcement agents arrested Oleg Donskikh — who headed one of the Agriculture Ministry’s departments until 2012 — in the Moscow region after he had been on the run for 12 years.

Between 2007 and 2008 Donskikh “and his accomplices, through legal entities they controlled, stole loans issued by Rosselkhozbank JSC,” according to an Interior Ministry spokesperson, referring to a state-owned bank that helps agribusiness.

“In addition, they embezzled funds received from Rosagroleasing,” the spokesperson added. Rosagroleasing is Russia’s largest state-owned agro-industrial leasing company.

Overall, Donskikh was accused of embezzling over 2 billion rubles ($22.6 million).

The FSB said the former Agriculture Ministry official was helped by two businessmen from the central Lipetsk region. Both businessmen were jailed in 2017.

In a video of Donskikh’s arrest released by Russian state media on Monday, the former official said he was unaware of the charges against him. He said he had been living in the Moscow region since 2008.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

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 you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

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

Read more