211 senior Skolkovo staff fined and top executives censured for sprawling misuse ? Accounts Chamber

A reported 211 managers and senior employees of the Skolkovo Foundation have been fined and the top executives censured following a major scrutiny of the Foundation by the Accounts Chamber of Russia

A reported 211 managers and senior employees of the Skolkovo Foundation have been fined and the top executives censured following a major scrutiny of the Foundation by the Accounts Chamber of Russia, the Accounts Chamber announced at its website. Earlier this year, the Chamber?s investigation into the Skolkovo Foundation?s financial activity led to the bringing of criminal charges against some Skolkovo executives on counts of app. $750,000 embezzlement through real estate dealings. In addition, separate charges were brought against Skolkovo Foundation vice president Alexei Beltyukov who was found to have misappropriated another $750,000 from Foundation coffers...