Former Russian Deposit Insurance Chief Sentenced to 4.5 Years for Embezzlement

A Moscow court sentenced former ASV head Andrey Melnikov to 4.5 years in prison and a fine for embezzling over 4 billion rubles. The verdict follows a high-profile corruption case, but details on the scheme and restitution remain unclear. This is a domestic legal matter with no immediate market impact.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works