A Russian court has sentenced former minister Mikhail Abyzov to 12 years in prison on charges related to embezzlement and terrorism. Abyzov, who was an ally of former Russian President Dmitry Medvedev, served as Minister of Government Affairs from 2012 to 2018. He was arrested by authorities in March 2019. The investigation committee accused Abyzov and others of forming a criminal group and embezzling four billion rubles (approximately $43.36 million) from two energy companies supplying electricity to the Novosibirsk region in Siberia. Abyzov has denied these accusations. The investigation committee previously stated that the alleged crimes occurred between April 2011 and November 2014, during which time the embezzled funds were transferred abroad. Forbes estimated Abyzov's wealth at $600 million in 2018.
Former Russian Minister Sentenced for Embezzlement
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