Criminal Group Suspected of $30M Fraud at Russian Shipyard

Forum Contacts RSS		RUSSIAN

RIA Novosti, PUBLISHED 07.02.2014

Police in Russia’s Far East said Thursday that they are investigating a group of suspects they believe mounted a $28.7 million fraud scheme while repairing navy warships.

Ilya Shamratov, deputy chief of police in the Primorye region, said investigators have initiated seven criminal cases connected with the Zvezda shipyard.

The head of the military’s Prosecutor Office announced in early November that fraud had been uncovered in the work on navy ships at the yard.

The office said a contractor was paid nearly $2 million based on an inflated invoice for repair work on one ship, which the newspaper Kommersant identified from a source as the k-419 Kuzbass nuclear submarine.

In late November, law enforcement officials seized documents during a search of the shipyard’s administrative offices.

Shamratov said that two suspects are giving statements to the police as part of a plea bargain.

Topics: Russia

Other news:

Russia to Lend Hungary $13.7Bln for Nuclear Plant

The deal was announced during a state visit to Moscow by Hungarian Prime Minister Viktor Orban and was hailed by Russian President Vladimir Putin.

Russia to Triple Uranium Production in Next 2 Years – Rosatom

In 2015 we will reach 8,400 tons.

Rosatom Boosts Foreign Orders Portfolio to $74 Bln

Rosatom signed in Helsinki an expected deal with Finnish nuclear consortium Fennovoima on the construction of a 1,200-megawatt Hanhikivi-1 nuclear reactor in Pyhajoki, northwest Finland.

Hero of the day

Questions for Jerry Hopwood

We are currently working with the Nuclear Decommissioning Authority (NDA) on this approach, which was submitted in response to their February 2012 call for alternative proposals. We appreciate that the UK is in the early stages of their policy development activities and are pleased to be involved in such important work.

INTERVIEW

Yanko Yanev
Unfortunately, we live in this age of narrow political thinking. Each of our politicians think how to survive, whether he will be the next convocation of the parliament or the government or not.

OPINION

Joint Plan of Action
The goal for these negotiations is to reach a mutually-agreed long-term comprehensive solution that would ensure Iran's nuclear programme will be exclusively peaceful. Iran reaffirms that under no circumstances will Iran ever seek or develop any nuclear weapons.