The court sentenced former deputy head of the Ministry of Transport Tokarev to eight years for embezzlement.

The court sentenced the former deputy head of the Ministry of Transport, Vladimir Tokarev, to eight years in prison for embezzlement. This was reported on June 11 by a correspondent of Izvestia.

In addition, Alexander Ivanov, the former head and beneficiary of Glavstroyinvest Group of Companies, was sentenced to eight years in prison in a general regime colony.

The key to business: how families of officials seize assets in the regions

The creation of "clan" holdings, the bankruptcy of large enterprises and the withdrawal of money are an incomplete list of commercial techniques of local elites.

On November 9, 2023, it was reported that the criminal investigation into the former deputy head of the Ministry of Transport, Vladimir Tokarev, who is accused of embezzling 700 million rubles, had been completed.

On January 19, 2022, Tokarev was taken by police and FSB officers to the transport department of the Ministry of Internal Affairs of the Russian Federation in the Central Federal District. Then, investigators opened a criminal case against him on fraud on an especially large scale. It was reported that he was detained in connection with the events of five years ago for embezzlement at the company "Spetstransstroy", where the former deputy head worked as the first deputy general director several years ago.

According to TASS, Tokareva and Ivanovna were initially accused of fraud, but later the acts were regarded as embezzlement. Funds in the amount of 723 million rubles were stolen during the comprehensive reconstruction of the railway on the Maxim Gorky — Kotelnikovo— Tikhoretskaya—Krymskaya section. The customer was JSC "RZDstroy", one of the contractors was LLC "Spetstransstroy" (CTC), where Vladimir Tokarev worked as deputy general Director at that time.