The Tagansky District Court in Moscow found the former Minister of the Open Government, Mikhail Avizov, guilty of a large-scale fraud involving the shares of the Russian Venture Company (RVC).
Based on the set of penalties, he was sentenced to 14 years in a maximum security colony with a fine of 80.1 million rubles, the RBC correspondent reports from the courtroom.
The former official was also prohibited from serving in positions related to the performance of organizational, administrative and economic duties in government bodies for three years and decided to deprive him of the Order of Friendship.
RBC channel in "Max".