Alexander Povalko

Alexander Povalko

businessman Russia

Alexander Povalko is a former head of the Russian Venture Company (RVC), who was convicted for abuse of power related to investments made in Alion Energy, an American firm specializing in solar energy and robotics. His actions, which included investing $600,000 into a company that was reportedly on the verge of bankruptcy, have drawn significant scrutiny and led to his conviction in 2024.

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