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Police expose new thefts of GLONASS funds

June 04, 2013, 13:52 UTC+3
Investigators ascertained the theft of at least 85 million roubles by executives of the Sinertek company
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MOSCOW, June 4 (Itar-Tass) - Police have exposed new facts of theft of budget money allocated for the federal goal-oriented program to develop the global satellite navigation system /GLONASS/, the press service of the Interior Ministry told Itar-Tass on Tuesday.

Investigators ascertained the theft of at least 85 million roubles by executives of the Sinertek company, within a criminal case against several senior officials of Russian Space Systems. The money was allocated for allegedly completed research.

Criminal proceedings over the fact were opened under Criminal Code Article 159, Part 4 /grand fraud/ on May 13. The incumbent Sinertek director and his predecessor were detained.

"The investigator has ascertained additional episodes of fraud, committed together with the administration of the Metomark Infosystems research and production company. The sum of embezzled money reached at least 25 million roubles. The Metomark Infosystems director general was detained on May 29.

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