The investigation of Vladivostok accuses the former City Hall officials in the fraud.
Former officials go on trial for fraud
Three ministers of state ownership of power sold for next to nothing. The damage caused by their activities amounted to 50 million rubles.
In 2005 the defendants offered a transfer to the charter capital of a commercial firm part of municipal property. Later, they created a company with which withdrew assets worth more than 50 million rubles.
Next, the defendants actually for a song put up for sale in the municipal property. Actions of former officials qualified under «attack on the legalization of property acquired through the commission of crimes.»
Together, they can go to jail for up to 15 years.
The investigation is ongoing, all members of the criminal group are under house arrest.
