Published by Global Banking & Finance Review®
Posted on May 20, 2025
1 min readLast updated: January 23, 2026
A Russian court has extended Vadim Moshkovich's detention until August 25. He faces charges of embezzling 30 billion roubles but has pleaded not guilty.
MOSCOW (Reuters) -A Russian court on Tuesday extended the pre-trial detention of Vadim Moshkovich, the billionaire founder of Russia's top agriculture company Rusagro who faces charges of embezzlement, until August 25, his lawyer told Reuters.
Moshkovich, a member of Russia's upper house parliament between 2006 and 2014, was remanded in custody for two months in late March and has been charged with embezzling 30 billion roubles ($372.67 million). He has pleaded not guilty to the charges.
($1 = 80.5000 roubles)
(Reporting by Olga Popova; Writing by Alexander MarrowEditing by Gareth Jones)
Vadim Moshkovich faces charges of embezzling 30 billion roubles, which is approximately $372.67 million.
A Russian court has extended Moshkovich's pre-trial detention until August 25.
Vadim Moshkovich is the billionaire founder of Rusagro, Russia's top agriculture company, and served in the upper house of parliament from 2006 to 2014.
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