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    EXAMINATION OF HEAD OF RUSSIAN FEDERAL PROPERTY FUND DOES NOT MEAN ENDING ITS STOPPAGE

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    MOSCOW, FEBRUARY 27 (RIA NOVOSTI CORRESPONDENT MARINA GRADOVA) - Examination of Vladimir Malin, head of the Russian Federal Property Fund (RFFI) does not mean stoppage of the fund's work, the press service of the Property Relations Ministry told RIA Novosti on Friday.

    "The fund is not closed. The government and the President have set to the RFFI and the ministry the goals of speeding up the privatization of federal property which does not perform state functions. They are to be met," said the press service.

    The Property Ministry "has nothing to do" with the conclusion of an amicable agreement with the closed corporation Volna, in the course of which Malin made abuses, according to the Prosecutor General's Office.

    "This is beyond our competence and this is why the ministry cannot comment on the actions of the Prosecutor General's Office and Vladimir Malin," said the press service.

    The Prosecutor General's Office said that Malin is accused of abuse of office, entailing grave consequences.

    "The charge has been presented to Malin within the framework of the criminal case on facts of acquiring shares of the open joint-stock company Apatit and abuses by RFFI officials in concluding the amicable agreement with the ZAO Volna," said the Prosecutor General's Office.

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