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Businessman overturned conviction in case of fraud in Primorye
The Primorsky Regional Court overturned the sentence to businessman Oleg Drozdov in the case of major fraud in the construction of the facility for the APEC-2012 summit. He was released in the courtroom.
The court of appeal examined the defense’s complaint and quashed the verdict of the Frunze court. As reported Interfax, the case was reclassified to a less serious article.
The businessman was convicted in June of this year in a case of major fraud in the construction of a solid waste landfill. Drozdov was sentenced to seven years in prison and a fine of 900 thousand rubles.
The landfill was reclaimed as part of the preparation of the city for the APEC 2012 summit of the year. According to the investigation, the persons involved in the execution of the contract deceived the customer and stole more than 300 million rubles. A criminal case against Drozdov was opened in October 2013 of the year, by the decision of the court he was arrested, but in October 2014 of the year he was released from the Vladivostok pre-trial detention center on bail of 30 million rubles.