Published by Global Banking & Finance Review®
Posted on May 20, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleA 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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