Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
by Staff Writers
Moscow (RIA Novosti) Jul 12, 2012
Russian police have opened a criminal investigation into the alleged misuse of 565 million rubles ($17 million) of state funds set aside for the country's satellite navigation system.
The Interior Ministry's anti-corruption department has "unearthed facts of the unreasonable spending of 565 million rubles, earmarked by the state for the development of the space system Glonass," the body said in a press release on Tuesday.
Senior officials at the company Russian Space Systems, a contractor to the Glonass project, are suspected of the signing fake contracts with commercial firms.
Russian Space Systems has dismissed the accusations.
Its offices are currently being searched by police.
The firm was at the center of a public spat earlier this year after accusing the head of the state space agency Roscosmos, Vladimir Popovkin, of "illegal audits" and setting up "uncontrolled structures." Roscosmos then hit back, saying the allegations were part of a "media campaign" against Popovkin.
Source: RIA Novosti
Russian Space Systems
Station and More at Roscosmos
S.P. Korolev RSC Energia
Russian Space News
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|