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Official suspected of embezzlement

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From Times Wire Reports

Russian Deputy Finance Minister Sergei Storchak is suspected of attempting to embezzle more than $43 million in state funds, prosecutors said.

Police detained Storchak on Thursday along with Viktor Za- kharov, head of the firm Sodexim, and the chairman of Moscow’s Interregional Investment Bank, Vadim Volkov. They have not been formally charged.

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