PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
CHEBOKSARY, October 6 (Itar-Tass) —— Uralvagonzavod Deputy Director-General Semyon Mlodik, detained on charges of large-scale fraud and money laundering, has been given three days to deposit 20 million roubles as bail.
The decision was made by a district court of Cheboksary at the request of the investigator. The court also extended Mlodik’s detention for 72 hours pending the payment of the bail.
On Saturday, October 6, the investigators brought money laundering charges against Mlodik who had worked as chairman of the board of directors of the company Promtraktor-Vagon until his appointment in Uralvagonzavod.
The Russian Investigation Committee said that the charges were brought under the articles of the Criminal Code that penalise for large-scale fraud and legalisation of ill-gotten funds or other property acquired through criminal activities using one’s official position.
“According to the investigation, Mlodik siphoned off assets in the form of Promtraktor-Vagon shares by way of fraud in 2006, when he was chairman of its board of directors, thus stealing the money and causing extensive damage to the company in the amount of 273 million roubles, and later, using his official position, legalised them,” the Investigation Committee said.
The criminal case against Mlodik was opened in April 2012.
Uralvagonzavod is a Russian machine building company located in Nizhny Tagil. It is one of the largest scientific and industrial facilities in Russia and the largest main battle tank manufacturer in the world. It is a public limited company.
The company's main products include railway cars and tanks, road-building vehicles, metallurgical products, tools and consumer goods.