Russia Investigates Opposition Leader

Posted December 14th, 2012 at 3:40 am (UTC-5)
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Russian authorities have launched a criminal investigation against prominent opposition activist Alexei Navalny over suspected fraud and money laundering.

Officials say Navalny is being investigated over the alleged theft of $1.8 million from one of his companies.

Russian authorities already have another financial case open against Navalny. Investigators said earlier this year they suspect Navalny played a part in a scheme to steal assets from a state timber company — totaling about $500,000 — while he was advising a local governor in 2009.

Navalny has rejected the charges which carry a 10-year prison sentence.