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Finance chief Kudrin to meet with his arrested deputy Storchak

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Russian Finance Minister Alexei Kudrin said Thursday he will soon meet with his arrested deputy Sergei Storchak, charged with attempting to embezzle $43 million.
MOSCOW, December 6 (RIA Novosti) - Russian Finance Minister Alexei Kudrin said Thursday he will soon meet with his arrested deputy Sergei Storchak, charged with attempting to embezzle $43 million.

He also said the Investigation Committee is returning documents seized from the Finance Ministry at the time of Storchak's arrest.

A senior investigator said Wednesday that cash worth $1 million had been seized from the apartment of Storchak, along with documents incriminating Storchak and his co-defendants.

Also on Wednesday, the Prosecutor General's office confirmed it had dropped a new criminal probe against Storchak relating to abuse of office. "The resolution to initiate a criminal case has been dropped as ungrounded," a spokesman said.

Russia's Investigation Committee announced the second probe against Storchak Tuesday. According to the Committee, the new probe relates to charges that he abused office during talks on Russia's Soviet-era debt to Kuwait. The talks were held in Moscow on January 27-28, 2005.

The Investigation Committee said it would appeal the prosecutors' decision to drop the new probe against Storchak.

A key figure in Russia's Paris Club debt talks, Storchak was detained in Moscow along with two businessmen on November 15. The Investigation Committee said his arrest was related to the settlement of Soviet-era debts and that the measure was based on prosecutors' concerns that he could destroy evidence or intimidate witnesses. Storchak pleaded not guilty.

The Investigation Committee said earlier the arrest was related to debts to the Sodexim company and that Storchak had been arrested along with Sodexim general director Viktor Zakharov and the president of the Moscow-based Interregional Investment Bank, Vadim Volkov. They face five to ten years in prison.

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