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Interior Ministry suspects fraud in Renova’s purchase of a Trade Mission building

The Russian Interior Ministry has suspected fraudulent practice in Renova Group’s acquisition of the Hungarian Trade Mission’s building in Moscow. According to the police, the property was sold more expensive than the price the company had paid for it, thus attracting the authorities’ attention.

Commenting on this situation, Renova noted that no complaint was filed against it after the police reviewed the deal, while Viktor Vekselberg, the group owner, said bringing criminal charges against the company will be a big surprise for him. “No official charges have been filed yet and I will be very surprised if any is filed at all.”