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Suspected seller of military property detained

November 07, 2012, 13:30 UTC+3

Damage from the sale of eight real estate facilities exceeds three billion roubles

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MOSCOW, November 7 (Itar-Tass) — Police have detained a senior official of the company authorized to sell military property belonging to Oboronservis, the press service of the Interior Ministry told Itar-Tass.

"Agents of the Interior Ministry’s' main department for economic security and combating corruption detained, on suspicion of receiving illegal remuneration, the acting director general of the commercial organization authorized by the Defence Ministry to sell real estate alienated by Oboronservis," the press service said.

It was ascertained that the suspect, together with his accomplices, had offered a representative of the investment company which had applied for purchasing Defence Ministry property, his assistance in handling the transaction. The objects of sale are located in the town of Shchyolkovo, Moscow region, and are worth over 35 million roubles in market prices.

Earlier, the main military investigation department opened five criminal cases over fraud in the sales of real estate, land plots and shares belonging to the Oboronservis company which is subordinate to the Defence Ministry. The cases were opened under the penal code articles on fraud and exceeding and abusing office powers.

According to the investigators, Defence Ministry officials selected the most liquid and prestigious facilities, land plots and shares from the Oboronservis inventory. Then, tremendous budget funds were invested into these assets and the property was sold at very understated prices to the commercial bodies affiliated with Oboronservis.

Many facilities were bought with the money stolen from Oboronservis.

According to preliminary estimates, the damage from the sale of eight real estate facilities exceeds three billion roubles.


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