Employees of the Ivanovo region government entered into government contracts for capital repairs, stealing most of the funds.
Two senior officials of the Ivanovo region government acted out of selfish interests.
They stole most of the funds under contracts concluded for a total of more than 850 million rubles, RIA Novosti writes.
According to the agency, officials exceeded their official powers, acting for selfish reasons.
They provided the above-mentioned company with preferential rights to conclude 22 government contracts for capital repairs.
At the same time, a significant portion of the budget money received by the commercial organization was cashed out.
The cash was distributed among the participants in the criminal scheme.