Sergei Matsotsky, a co-founder of the prominent Russian IT company IBS and a significant personality in the nation’s technology field, has been arrested in absentia on serious bribery allegations, according to a Moscow court’s announcement on Friday.

The Basmanny District Court revealed that Matsotsky had departed from Russia before the court’s decision. The specific details surrounding the allegations remain undisclosed.

Matsotsky, instrumental in developing Russia’s domestic IT sector, is accused of engaging in substantial bribery, as reported by the court’s press service.

In 2020, Matsotsky and his IBS co-founder Anatoly Karachinsky divided their business interests, with Matsotsky establishing GS-Invest, a holding firm dedicated to software development and systems integration.

He has retained strong business relationships with state-affiliated Russian companies, including discussions with Gazprombank to form a joint IT enterprise.

In 2021, Matsotsky collaborated with former Rostelecom executive Andrey Cheglakov on an initiative known as Rusim.

He also took control of L2U, a Russian company offering IT support software. L2U’s clientele features companies linked to Matsotsky, such as Budget and Financial Technologies and Rubitech, alongside other organizations like LokoBank, Bank Soft Systems, Notamedia, and Handysoft.