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Court arrests over 120 mln euro on accounts of Abyzov

Court arrests over 120 mln euro on accounts of Abyzov
Report informs, court spokesperson Yunona Tsareva told TASS on Wednesday.

Moscow’s Basmanny Court arrested 121.7 million euro on bank accounts of former Russian minister Mikhail Abyzov, who is facing fraud charges. Report informs, court spokesperson Yunona Tsareva told TASS on Wednesday.

"On July 4, the Basmanny Court upheld a request by investigative bodies to impose arrest on financial assets belonging to defendant Mikhail Abyzov, amounting to 121.7 million euro, placed into banking institutions," the spokeswoman said.

On April 1, the Basmanny Court issued a ruling to block Abyzov’s money amounting to more than 437 mln rubles ($6.8 mln) at settlement accounts. On April 2, the same court ruled to arrest his property - two land plots and two residential houses in the Moscow Region, three apartments and four rooms, and a car slot in Moscow.

Mikhail Abyzov, who had been minister for open government affairs in 2012-2018, was detained on March 26 on charges of embezzling four billion rubles (about 61.82 million US dollars at the current exchange rate) and setting up a criminal group.

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