Businesslady charged with embezzlement of mlns from summit fund.

Businesslady charged with embezzlement of mlns from summit fund.




VLADIVOSTOK, December 2 (Itar-Tass) -- A business woman from
Vladivostok is charged with embezzlement of 16.5 million roubles allocated
for designing of APEC summit facilities.

A criminal case is opened against the woman on charges of illegal
entrepreneurship linked with massive embezzlement, the press service of
the Russian Interior Ministry's department in the Far East Federal
District told Itar-Tass.
The head of the department, Felix Vasilkov, said that only one person
who had professional education and a record of at least five years of work
to design buildings was in the staff of the company headed by the woman.
However, though her company had no special permission and no personnel, it
did not prevent her from concluding a number of contracts to design
various buildings, including a bridge across the Golden Horn Bay to be
built by the 2012 APEC summit, multi-purpose complexes and a concert and
sport complex.
The illegally-millions-earning woman may be sentenced to five-year
imprisonment.




.Business lady charged with embezzlement of millions of rbls.
(updates)




VLADIVOSTOK, December 2 (Itar-Tass) -- A 30-year-old business woman
from Vladivostok is charged with embezzlement of 16.5 million roubles
allocated for designing of APEC summit facilities.
A criminal case is opened against the woman on charges of illegal
entrepreneurship linked with massive embezzlement, the press service of
the Russian Interior Ministry's department in the Far East Federal
District told Itar-Tass.
The head of the department, Felix Vasilkov, said that police
investigators had established that from June 2008 to April 2009 the
entrepreneur illegally organised work to design various buildings,
including a bridge across the Golden Horn Bay, a concert and sport complex
and other multi-purpose complexes. Under the Russian legislation, only
design organisations with at least 50 percent of higher-education
specialists in the staff -- architects, designers and technologists --
have the right to work out design documentation for such facilities. And
such specialists must have a record of at least five years of construction
design work.
However, in the company's staff headed by the business lady was only
one person -- she herself. Despite the absence of specialists and
permission for design work, she managed to conclude contracts for
designing, the police official said. The entrepreneur has a lawyer's
education and realised that her actions were illegal, he added.
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