Investigators in the city of Tolyatti, Samara region, opened a criminal case into the theft of large funds allocated from the budget to the Russian electric vehicle developer Zetta, the press service of the prosecutor’s office announced on May 14. Samara region.
The press service reported that the prosecutor’s office of the central district of the city of Togliatti carried out control of compliance with the requirements of budget legislation in the activities of Zetta LLC. According to the press service, the inspection material was sent to the investigating authorities for a procedural decision. As a result of the work of the investigative authorities, a criminal case was opened for theft of budget funds in the amount of more than 1 million rubles. The case was initiated under part 4 of article 159 of the Criminal Code of the Russian Federation “Large-scale fraud”, the penalties for which include prison sentences of up to 10 years.
As reported by the press service, the prosecutor’s office established that from December 2017 to December 2019, subsidy funds from the federal budget were received on the account of Zetta LLC, intended to compensate for the costs incurred in carrying out research and development work in priority areas. of the civil industry. The total amount of subsidies is 284 million rubles. The prosecutor’s office established that the agreements concluded by the Ministry of Industry and Trade of the Russian Federation with Zetta LLC were not fulfilled within the established period and the volume of work execution ranged from 21% to 47%.
Source: Rossa Primavera
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