ANNOUNCEMENT

Seizure of documents and other investigative actions were carried out today at the offices of Skolkovo Innovation Fund on Krasnopresnenskaya Naberezhnaya. Law enforcement officers were looking for documents and other materials related to the activities of the Fund's former CFO, Cyril Lugovtsev, who is being investigated by the RF IC in a criminal case.

"The management and staff of the Fund have always been cooperative in the investigation and provided all possible assistance. The fact that the investigation was carried out with the blocking of the office and temporary detention of a large number of employees of the Fund came as a surprise," - said the head of Skolkovo's press service, Roman Shcherbakov. He stressed that the policy of the Fund to cooperate constructively with law enforcement agencies in order to uncover the truth and punish any criminal offences will continue to be carried out.