Prime Minister of Russia Michael Mishustin has sent in the resignation of Deputy Finance Minister Sergei Storchak, who held the post since 2005. A government order published on an official portal of legal information.
In a document dated March 3, States that the dismissal is connected with the transition to a new job. However, in June 2019 Sergei Storchak, was 65 years old. This is the age limit for a finding on the civil service. However, for the Deputy Minister he could be extended.
Another decree of the head of the government Deputy Minister of Finance appointed held the position of Deputy head of the Ministry of economic development Timur Maximov. Prior to that, he worked for several years assistant Minister of Finance Anton Siluanov, and Deputy head of the Federal customs service, according to RTVi.
About the possible resignation of Storchak became known in mid-February from TASS and other government agencies. They pointed out that the decision to dismiss the Deputy Minister “in principle accepted”, citing sources.
Storchak worked in the Ministry of foreign Affairs since the late 1980s. In 1994, he went to work in the Ministry of Finance, where he held the position of Deputy head of Department of foreign credits, and then to Vnesheconombank (VEB now.Of the Russian Federation).
Storchak was appointed Deputy Finance Minister in 2005, when the office was headed by Alexei Kudrin. After the departure of Kudrin, he became Deputy of the acting Minister of Finance Anton Siluanov.
In 2007, Sergei Storchak became a defendant in a criminal case, RBC reports. He was accused of attempted fraud committed by an organized group in especially large size and abuse of power. According to investigators, Storchak together with the Chairman of the Board of Directors of inter-regional investment Bank Vadim Volkov and General Director of firm “Sodeksim” Victor Zaharovym overstated the amount of payments through the interregional investment Bank at 43.4 million dollars. The money was supposed to pay Algeria company “Sodeksim” to redeem part of the commitment of the North African country.
Storchak held in jail for 11 months, then he was released under recognizance not to leave. In 2011 the prosecution of a senior official was dismissed for lack of evidence of a crime.