Global Contagion Report: GRINN Corporation
Thursday, July 18, 2013 at 6:18AM
Global Contagion Report in GRINN Corporation, Global Contagion Report, Russia, Vikto Volkov, Vyacheslav Dudka

Country: Russia

Company Involved: GRINN Corporation

Industry: Financials

Industry Subsector: Real Estate Holding & Development

Official Involved: Vyacheslav Dudka, Former Tula Region Governor; Viktor Volkov, Former Director of the Regional Department for Property and Land Relations

Enforcement Action: Charge

Summary: Former Tula region governor Vyacheslav Dudka and former regional land and property department chief Viktor Volkov were charged with accepting 40 million rubles ($1.2 million) from GRINN corporation in exchange of passing a 2.5-hectare land plot to the GRINN corporation for the construction of a supermarket. Prosecutors have demanded jail terms of nine years and four years for Dudka and Volkov respectively.

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