He was supposed to fund Russia’s drive to replace Western imports. So how did an adult-diaper factory end up losing 50 million rubles?

A Moscow court has ordered the detention of Dmitry Kolobov on suspicion of fraud on an especially large scale.

Kolobov formerly headed the Industry and Trade Ministry’s Department for Industrial Development and Socially Significant Goods.

The Russian state news agency TASS and the business news outlet RBC reported the detention, citing sources. ...