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. Last Updated: 07/27/2016

Graft Case Opened Against Economist

In the latest turn of an anti-corruption push this week that has seen police raids on businesses and the arrest of a former justice minister, the Moscow prosecutor's office opened a criminal case against a prominent Russian economist, Russian media reported Thursday.

Abel Aganbegyan has been charged with abuse of office, Interfax reported. He is accused of unlawfully leasing government property for profit.

Aganbegyan, who rose to prominence as a pioneer of Soviet-era reform, heads the National Academy. Ekho Moskvy radio reported that Aganbegyan is suspected of renting two buildings of the academy - a state-run institution - to a private business school. NTV television said the rental would bring in some $50 million a year.

Itar-Tass said Aganbegyan has not been notified of any criminal proceedings against him. But Moscow Prosecutor Sergei Gerasimov confirmed that the case had been opened.