PROSECUTOR'S GENERAL OFFICE OF RUSSIA APPROVES INDICTMENT AGAINST Y. VASILIEVA AND OTHERS
On 16 June 2014 the Chief Military Prosecutor's Office approved the indictment of the former head of the Property Relations Department of the Russian Ministry of Defence Yevgenia Vasilyeva and her accomplices. They are accused of large scale fraud, money laundering, abuse of office and exceeding powers.
According to investigators, the group used their positions to arrange for disposal at underrated prices of the most valuable assets owned by PJSC "Oboronservis" and other companies controlled by the Russian Ministry of Defence. The total damage to the Russian State caused by the group exceeds RUB 3 billion (approx. US$ 88 million).
CRIMINAL ACTION FILED WITH THE COURT ON MULTI-MILLION TAX FRAUD
The Deputy Prosecutor-General of Russia has filed a criminal action with the Basmanniy court of Moscow against Oleg Kabanov, the financial director of a Russian company LLC "Stels Service". Mr. Kabanov is accused of fraud and attempted fraud.
The investigators revealed that Mr. Kabanov, acting in concert with his accomplices, had forged documents and submitted them to the tax authorities in order to recover VAT from the State budget for 2009. As a result, RUB 75 million (approx. US$ 2,2 million) was transferred to a bank account of LLC "Stels Service". Not having been caught, the group attempted to repeat the scam and recover VAT in a greater amount: RUB 291,5 million (approx. US$ 8,5 million) for 2010. This time the authorities prevented their plan from being implemented.