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Former Russian minister sentenced to 12 years for embezzlement

The Moscow court handed down a verdict on Thursday, sentencing a former ally of ex-president Dmitry Medvedev to 12 years in prison for embezzlement and criminal conspiracy. Along with the imprisonment, Mikhail Abyzov was also ordered to pay a fine of 80 million rubles ($860,000), as reported by Russian media outlets.

AFP WORLD
Published December 21,2023
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A Russian court Thursday condemned a former minister and ally of ex-president Dmitry Medvedev to 12 years in prison for embezzlement and criminal conspiracy.

Mikhail Abyzov was also fined 80 million rubles ($860,000) by the Moscow court, according to Russia media reports.

One of his lawyers, Arthur Bolshakov, told TASS news agency that he hasn't decided yet whether to appeal.

According to prosecutors, Abyzov created a "criminal gang" and between 2011 and 2014 embezzled more than 4 billion rubles, or around $60 million at 2019 exchange rates, with the help of five other energy executives and entrepreneurs.

Abyzov, 51, who lived between Italy and the United States, was arrested early 2019 by the FSB federal police during a visit to Moscow.

Abyzov was minister for relations with civil society from 2012 to 2018, and in 2014 was ranked as the highest-earning cabinet member, with annual income of 282 million rubles, or about $6 million at 2019 rates.

Until his arrest, he was considered to a "liberal" and close to Medvedev, who brought him into the government in 2012.