Russia Charges Former EBRD Banker With Soliciting Bribe
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Russia charged its former top representative at the European Bank for Reconstruction and Development with seeking a bribe of more than $1.4 million.
Elena Kotova, who is also sought by U.K. authorities, demanded the payment in return for facilitating a $95 million loan by the London-based international lender to a Canadian oil and gas company, the Interior Ministry in Moscow said in a statement on its website today. The decision to charge Kotova, who faces as many as seven years in prison if convicted, is “totally unfounded,” her lawyer Sergei Mirzoev said by phone.