MOSCOW: Leading Russian economist Vladimir Mau has been charged with fraud"on an especially large scale", the interior ministry said on Thursday , in a shock to Russia's academic and economic elite.
Mau, 62, is an economic liberal with close links to top policymakers, and a board member of Russian energy giant Gazprom. A Moscow court placed Mau under house arrest on Thursday until Aug 7 over suspected embezzlement of 21 million roubles from the institute, the RIA news agency said.Interfax, another news agency, quoted Mau saying that the accusations are absurd.
The interior ministry said anti-corruption investigators had conducted searches at the homes of Mau and employees of his institute, the Russian Presidential Academy of National Economy and Public Administration.
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