AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

imageMOSCOW: Russia on Thursday launched a new criminal probe against top opposition leader Alexei Navalny, one day after his embezzlement trial was adjourned.

Investigators suspect Navalny and his younger brother Oleg of engaging in fraud in 2008 by "deceiving" a firm into signing a contract with their company at a loss of 3.8 million rubles (92,000 euros, 119,000 dollars at today's rates) and then stealing that money.

The case has been combined with a previous fraud and money laundering probe launched against Navalny and his brother last year, in which they are accused of stealing $1.8 million.

Navalny, a charismatic anti-corruption blogger who emerged as the leading protest figure in the opposition movement against President Vladimir Putin in the winter of 2011-2012, is involved in a string of criminal cases, one of which went to trial this week.

On Wednesday he faced the court in Russia's northern city of Kirov in a case of alleged misappropriation of $500,000 in a timber deal from the regional government, which he advised in 2009.

"Woke up on the train. Found out that they launched another probe," Navalny tweeted, apparently still on his way back to Moscow. "That means our trip has been successful," he said.

Investigators said in a statement Thursday that Navalny and his brother, a manager in Russian Post, the state postal and shipping company, "convinced" a firm named MPK to "sign a deliberately unprofitable contract" with their company, which resulted in "loss of at least 3.8 million rubles", a sum that was "stolen by the Navalny brothers."

Navalny has also been accused by the Investigative Committee of illegally obtaining his license to practise law, and stealing $3.2 million from a liberal political party in 2007.

Last week the Investigative Committee spokesman admitted that Navalny drew attention to himself by his political activity, which he referred to as "teasing" of the Kremlin.

The 36-year-old lawyer however launched his own publicity offensive ahead of his trial, giving multiple interviews, trying to register a party, and announcing that he wants to run for president.

Comments

Comments are closed.