Glonass Contractor Targeted in Russian Fraud Investigation [RIA Novosti]

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Russian authorities are investigating whether senior officials at JSC Russian Space Systems, a contractor on the Glonass satellite navigation system, signed fake contracts with commercial firms in a scheme to misuse state funds, RIA Novosti reports.

The Russian Interior Ministry’s anti-corruption department said in a press release July 17 that it has “unearthed facts of the unreasonable spending of 565 million rubles [$17 million], earmarked by the state for the development of the space system Glonass.”

JSC Russian Space Systems has denied the allegations. Earlier this year, the company accused Vladimir Popovkin, the head of the Russian space agency, Roscosmos, of “illegal audits” and setting up “uncontrolled structures.”

 

READ IT AT: [RIA Novosti]