The detention of employees of JSC Mosinzhproekt on suspicion of commercial bribery is the result of the implementation of anti-corruption measures in Moscow, Deputy Mayor of the capital for urban development policy and construction Marat Khusnullin told Interfax. An official investigation is currently underway into the facts that were revealed, the official said. A number of specialists involved in the projects that the detained employees supervised have now been suspended from work.

In early April, Khusnullin told Vedomosti that the largest full-cycle engineering holding could be created on the basis of Mosinzhproekt. Approval from the Federal Antimonopoly Service was received. Seven more companies belonging to the Moscow government could be merged on the basis of AO Mosinzhproekt: design institutes Mosproekt-3, Mosproekt-4, MNIITEP and construction companies Mosrealstroy, the Management of Experimental Development of Microdistricts (UEZ), the Management of Development of Construction Technologies ( Center-Invest ) and the Moscow City Center for Real Estate Sales. These companies design, build, develop and sell residential and commercial real estate. "After we structure Mosinzhproekt, we can hold an IPO, for example, on the Hong Kong Stock Exchange - we have such plans," the official admitted. According to him, this could happen "in 2-3 years, not earlier."

Earlier it was reported that one of the employees of Mosinzhproekt was detained while receiving a bribe of 5 million rubles. According to the investigation, he received the money from one of the subcontractors of the construction of the Kotelniki metro station. Currently, the Kotelniki metro station of the Tagansko-Krasnopresnenskaya line is being prepared for state acceptance in May.

Corruption Found in Mosinzhproekt