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Moscow court to announce verdict in Aeroflot fraud case

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MOSCOW, July 3 (RIA Novosti) - A Moscow court will announce a verdict Monday in a high-profile embezzlement case against top executives with national air carrier Aeroflot.

Prosecutors said Nikolai Glushkov, a former Aeroflot first deputy general director, and chief accountant Lidia Kryzhevskaya transferred over $250 million of Aeroflot revenues in 1996-1997 from foreign tickets sales into accounts of a Switzerland-based company, Andava.

Controversial tycoon Boris Berezovsky, himself wanted on embezzlement and fraud charges, is alleged to have to been an investor in the company.

Prosecutors are seeking prison terms of five years for Glushkov and four and a half years for Kryzhevskaya.

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