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Ex-CEO of RSC Energia charged with misappropriation of over $13 million

Former CEO of the Energia Rocket and Space Corporation (a Rostec subsidiary) Vladimir Solntsev, as well as a number of other suspects, is charged with misappropriation of over 1 billion rubles ($13 million) during shipments of electronic components for the International Space Station’s Science Power Module, Moscow’s Babushkinsky Court announced Friday. This reported by TASS.

Judge Natalia Kurysheva ruled Friday to arrest Solntsev until October 3. The court will rule on other suspects shortly. Solntesev’s defense pledged to appeal the ruling.

According to the investigators, the suspects have overblown procurement prices threefold, inflicting damages of about 1,072,000,000 rubles to the Russian budget.

 

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URL: http://www.ruaviation.com/news/2020/8/28/15366/?h