Published by Global Banking and Finance Review
Posted on February 17, 2025
1 min readLast updated: January 26, 2026
Konstantin Rachalovsky, deputy governor of Russia's top grain region, was arrested for exceeding authority, causing significant financial damage.
MOSCOW (Reuters) - Konstantin Rachalovsky, the deputy governor and agriculture minister of Russia's Rostov region, a major grain-producing province, has been detained by law enforcement, state news agency TASS reported on Monday.
TASS reported that Rachalovsky had been charged with exceeding his authority, resulting in damages of almost 156 million roubles ($1.70 million).
Rostov is Russia's top grain-producing region, harvesting about 11% of all Russia's grain.
($1 = 91.5000 roubles)
(Reporting by Gleb Bryanski, Writing by Felix Light; Editnig by Kim Coghill)
Konstantin Rachalovsky, the deputy governor and agriculture minister of Russia's Rostov region, has been detained by law enforcement.
Rachalovsky has been charged with exceeding his authority, which resulted in damages of almost 156 million roubles ($1.70 million).
Rostov is Russia's top grain-producing region, harvesting about 11% of all Russia's grain.
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