Рейтинг@Mail.ru
RusEng

News

Prosecutors ask 13 years in prison for ex-CEO of company related to Defense Ministry

18:41 27/06/2016

MOSCOW, June 27 (RAPSI) – Prosecutors had asked the Tverskoy Moscow Court to sentence Alexander Yelkin, the former CEO of Slavyanka utility company, who stands charged with embezzlement of 118 million rubles ($1.8 million) he got as kick-backs from companies he controlled to 13 years in prison and a 500 million rubles ($7.7 million) fine, RAPSI learnt in the courtroom on Monday.

According to the prosecution, Yelkin’s fault was fully proven.

The fraud in the company came to light in relation to the 2012 investigation into Oboronservis, which revealed fraudulent activities carried out in the course of deals involving real estate, land and shares in Oboronservis. Totally, five criminal cases over damages exceeding 3 billion rubles ($46 million) were initiated as concerned this Defense Ministry company. No key figures of these cases have pleaded guilty.

Presently bankrupt Slavyanka company has been the largest utility company in Russia, which was established to manage and maintain specialized housing facilities and utilities owned by the Defense Ministry.

Share thisE-mail this articlesubmit newsAdd to blogrss feed
Add to blog
To link to this material, copy the code to your blog.
Publishing code:
Preview:

Prosecutors ask 13 years in prison for ex-CEO of company related to Defense Ministry

18:41 27/06/2016 Prosecutors had asked the Tverskoy Moscow Court to sentence Alexander Yelkin, the former CEO of Slavyanka utility company, who stands charged with embezzlement of 118 million rubles ($1.8 million) he got as kick-backs from companies he controlled to 13 years in prison and a 500 million rubles ($7.7 million) fine.
Forward news story

All fields are mandatory!

Submit news

All fields are mandatory!

Share this

Top news