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Russian defence ministry official to face new charges of embezzlement, TASS reports

UKRAINE-CRISIS/RUSSIA-CORRUPTION:Detained ex-Russian defence ministry official to face new charges of embezzlement, TASS reports

Published on: Oct 7, 2024, 13:58:50 IST
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MOSCOW, - A former Russian deputy defence minister arrested in April for bribery is facing new charges of embezzling more than 3.2 billion roubles , state news agency TASS reported on Monday.

Russian defence ministry official to face new charges of embezzlement, TASS reports
Russian defence ministry official to face new charges of embezzlement, TASS reports

The charges against Timur Ivanov involve two instances of embezzlement, TASS reported. One involved the transfer of over 3 billion roubles from the Interkommerts Bank to the accounts of companies in Hong Kong and Cyprus.

The other concerned the purchase - at the price of some 200 million roubles - of two vessels for the Kerch Strait ferry line, which connects southern Russia to Russian-annexed Crimea.

TASS said Ivanov denies the charges.

The criminal investigation into the new accusations has concluded and Ivanov faces up to 10 years in prison if found guilty, the news agency said.

Ivanov, 49, faces a separate criminal trial for bribe-taking, which can carry up to 15 years in prison. He had served as a deputy defence minister since 2016, where he was in charge of property management, housing, construction and mortgages.

All of the officials had served under former Defence Minister Sergei Shoigu, who was replaced by economist Andrei Belousov in a cabinet reshuffle earlier this year.

Analysts have suggested the investigation into Ivanov - one of Shoigu's 12 deputies - represented a push by a rival "clan" seeking to dilute the defence minister's power and gain wealth and influence.

This article was generated from an automated news agency feed without modifications to text.

 
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