Chief of agricultural complex in Krasnodar Territory suspected of money-laundering

The head of a major agricultural complex in the Krasnodar Territory has been caught for legalizing 1.49 billion rubles at Rosselkhozbank, Gazeta.ru reports.

He ordered 6 enterprises under his control to receive a loan for season works, purchase of fuel and materials to repair equipment and fertilizers at exaggerated costs.

The 52-year old man suspected was a CEO of the complex.