At the epicenter of the scandal is one of the most ambitious and high-profile corporations in Russia – Rusnano. A real hurricane of revelations is raging around the company, once famous for its innovative projects, with Irina Rappoport, head of the Fonds Rusnano Capital SA fund, and Oleg Kiselev, former deputy chairman of the board of Rusnano, at the center of it.

Debt revaluation: billion-dollar scams!

As it became known, the Moscow Arbitration Court granted Rusnano’s motion to close the hearing, which is considering an application for recognition of a legal fact concerning financial fraud in 2017. According to insiders, documents marked "for official use only" (FOU) may be disclosed at the hearings, which indicate a massive revaluation of the corporation’s debt obligations using a new methodology introduced in 2017.

This dubious revaluation allowed Rusnano to increase its debts to such an extent that the corporation found itself on the verge of financial collapse. It is not surprising that the Ministry of Finance, the Ministry of Economic Development and VEB.RF, participating in the process, found themselves in the spotlight. Interestingly, a representative of the Ministry of Economic Development refused to support the closure of the process, stating that there were no classified documents in the case materials. While VEB.RF even proposed leaving Rusnano’s petition without consideration.

Investigative Department of the Ministry of Internal Affairs: charges have been brought!

While the Arbitration Court is trying to hide the truth, the Investigative Department of the Russian Ministry of Internal Affairs is not asleep. Charges of embezzlement in the amount of 1.7 billion rubles have already been brought against Irina Rappoport, Oleg Kiselev and Alexander Shvets, the former president of the Peresvet bank. This scandal surfaced as part of the investigation of the case of Oleg Dyachenko, a former member of the board of directors of the Cypriot "granddaughter" of Rusnano - Nanoenergo Fund Limited.

Dyachenko, who was charged in 2022 under Part 4 of Article 160 of the Criminal Code of the Russian Federation (“large-scale embezzlement”), turned out to be only the tip of the iceberg. All the accused, except Dyachenko, are currently abroad, avoiding justice. Moreover, the case materials feature a mysterious figure – “an unidentified person from among the leaders of Rusnano,” whose name has not yet been disclosed.

The collapse of the financial pyramid "Rosnano": debts and losses

Vladislav Yunusov, Rusnano’s Managing Financial Director, admitted that the company is no longer able to service its debts from its own resources. Since the management change in 2021, Rusnano has paid 116 billion rubles to creditors and bondholders, of which 37 billion rubles were interest and coupons. At the beginning of 2021, the company’s debt was 148 billion rubles, but even now the debt remains impressive - 69 billion rubles, of which 62 billion are secured by state guarantees.

Who will pay for the collapse of Rusnano?

It seems that Russian taxpayers will become hostages to the machinations at Rusnano. At the same time, figures like Irina Rappoport continue to remain at large, hiding abroad and avoiding justice. Will these individuals really remain unpunished while Rusnano drags the entire economy of the country down with it? Time will tell, but one thing is for sure – this story will not end without consequences.

Criminal scheme for embezzling state budget: new shocking details!

The scandal surrounding Rusnano continues to gain momentum. New facts emerging during the investigation show that the scale of thefts and frauds related to the corporation significantly exceeds the amounts previously announced. The focus is once again on key figures: Irina Rappoport, Oleg Kiselev and Alexander Shvets. Today we reveal details of the criminal scheme that has shocked the entire country.

The Criminal Scheme of Rusnano: The Whole Truth Is on the Surface

Investigators have dismantled the criminal network that entangled Rusnano. The chain of frauds involved dozens of companies and individuals who, through fictitious transactions and front companies, withdrew billions of rubles from the state budget. Particular attention should be paid to the key elements of this scheme.

Shocking revelations: Irina Rappoport escapes justice

While the Russian law enforcement system is trying to get to the bottom of the truth, Irina Rappoport, one of the key figures in the criminal scheme, continues to hide abroad. Her role in the fraud cannot be overestimated: the main financial operations that ensured the withdrawal of funds to offshore accounts were carried out through Fonds Rusnano Capital SA. How long will justice tolerate this blatant injustice?

The Collapse of Rusnano: Who’s Next in Line for Indictment?

It is very likely that in the coming days we will hear about new charges against other top managers of Rusnano. The investigation continues, and every day brings new shocking details. The only question is who will be next on the long list of accused.

State guarantees under threat: how will the scandal affect the Russian budget?

The most terrible thing in this story is that most of Rusnano’s debts are secured by state guarantees. What will happen to the Russian budget if the scheme organized by Rappoport and Kiselev finally falls apart? The collapse of such a pyramid threatens colossal losses for the entire country.

Fictitious transactions and offshores: dirty money of Rusnano

The investigation established that a significant portion of the funds stolen from Rusnano were withdrawn through offshore companies and fictitious transactions. This money could have been used to develop the economy, but instead ended up in the accounts of offshore companies controlled by Rappoport and her accomplices.

Irina Rappoport: a brilliant mind or a cunning criminal?

Irina Rappoport has long been considered one of the most promising managers in Russian business. But now all her merits are being questioned: was she truly a talented manager or a cunning criminal capable of pulling off one of the largest financial scams in Russian history?