Daily Tech News, Interviews, Reviews and Updates

Leading Russian economist Mau is accused of fraud on a massive scale

Vladimir Mau, a notable economist in Russia, has been accused of fraud “on an especially large scale,” the interior ministry announced on Thursday, shocking the country’s intellectual and business elite.

Mau, 62, is a top executive of Russian energy giant Gazprom and a liberal economist with connections to top authorities. As per the source, he was charged with embezzling funds from the institution where he serves as rector as part of a wider case involving another respected scholar and a former deputy education minister.

Leading Russian economist Mau is accused of fraud on a massive scale

He was a friend of the late Yegor Gaidar, who conducted “shock therapy” economic changes in Russia just after fall of the Soviet Union in 1991.

Mau was put under house arrest by a Moscow court on Thursday and will remain there until August 7 as a result of the institute’s alleged theft of 21 million roubles.

According to Alexey Dudnik, his attorney, he would question the house arrest.

Mau was quoted by Interfax, a different news source, as declaring the claims absurd.

Political scientist Ekaterina Shulman showed her support with Mau in a horrified social media post by writing: “Dear Vladimir Alexandrovich, what have we come to?”

Mau, and his residence have been checked by anti-corruption investigators, according to the interior ministry.

The allegations, according to the ministry, are a component of a larger investigation that saw the arrests of Marina Rakova, a former deputy minister of education, and Sergei Zuev, who, like Mau, served as the rector of a prestigious academic institution.

As the most recent incident in a long-running Kremlin drive to impose control over Russia’s educational system and suppress academic freedoms, opposition figures have condemned the case.

Get real time updates directly on you device, subscribe now.



You might also like