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Crime & Justice

Two men receive eight-year prison terms for siphoning renovation funds of Russian cultural centre in Helsinki

A Moscow court sentenced Sergei Medvedev and Igor Alehin to eight years in prison and fines for diverting money meant for the renovation of the Russian Science and Culture Centre in Töölö, Helsinki.

Moscow’s city court handed eight-year prison sentences to former Russian Science and Culture Centre director Sergei Medvedev and renovation firm head Igor Alehin, adding one-million-rouble fines for each. The centre, owned by the Russian state and situated in Helsinki’s Töölö district, had commissioned a major overhaul in 2014, awarding the contract to Cyprus-registered Alfa Development for an estimated four million euros.

Despite the full payment, the work was incomplete: the fifth floor lacked ventilation and window sills, the pool was not waterproofed, and many interior elements were missing or substandard. Prosecutors say the funds were funneled to a shell company resembling the original contractor and then moved to foreign accounts, with Alfa Development’s CEO Jelena Rymaruk identified as the scheme’s architect. Rymaruk, a Ukrainian national, has escaped abroad and remains beyond the reach of Russian authorities. The property was seized by Finnish enforcement officials in autumn 2024 following a Hague arbitration ruling that ordered Russia to compensate Naftogaz for seized assets in Crimea.

Why it matters

The case highlights corruption in a state-linked cultural project and its links to international sanctions and asset seizures.

In this story

embezzlementrenovationRussian cultural centreHelsinkieight-year prisonfinesAlfa DevelopmentRossotrudnichestvoNaftogazproperty seizure
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