A Russian official accused of embezzlement is now the victim of a con herself. Yevgenia Vasilyeva, former head of the Defense Ministry’s property management administration, known as Oboronservis spent millions on what she thought were world class art pieces turned out to be nothing but cheap fakes.
Russian officials have seized a treasure trove of diamonds, gemstones and gold from Vasilyeva who is accused of embezzlement, including land, according to prosecutors. Her boss, former Defense Minister Anatoly Serdyukov, was fired last year when the scandal broke out and is expected to testify in the case.
The Investigative Committee found $3.9 million haul of material including 57,000 diamonds and gemstones, and around 19 kilograms of gold jewelry.
Oboronservis performs a variety of services relating to Defense Ministry property, including the repair and maintenance of equipment and management of the department’s real estate, reported Ria Novosti. Vasilyeva faces prosecution on 12 counts, including fraud, money-laundering and abuse of office.
Vasilyeva is currently under house arrest in her 13-bedroom luxury apartment in Moscow.
Following reports that Indian Defence Minister A K Antony on Feb. 24 ordered a probe to find out if there was corruption in the Rs 3,500-crore deal to procure 12 helicopters for VVIPs from European defence firm Agusta Westland, its parent company has issued a statement denying any wrong doing
BAE Systems has reportedly agreed to pay the U.S
A former US defence contractor has been sentenced to nearly five years in jail for illegally exporting the military blueprints and technical drawings of parts used in some of the high-tech and sensitive hardware like F-15 to India, using a local churchs website. Hannah Robert, 49, circumvented the US government and provided export-controlled technical data related to various types of military technology to an individual in India, said assistant US attorney general John P Carlin in a statement, PTI reported
The Russian Air Force will receive a total of 30 Su-34 Fullback strike aircraft by the end of 2014, the Defense ministry official was quoted as saying by RIA Novosti. The Su-34s are manufactured by the Novosibirsk aircraft plant, part of the Sukhoi holding, located in Russias Siberia region
Russia is planning to buy 32 shipborne helicopters from Russian Helicopters, a Deputy Defense Minister was quoted as saying by RIA Novosti. “These helicopters are to undergo final testing in 2014
Russias first Project 885M Yasen-class attack submarine, the Severodvinsk, will complete final trials in November or December. The sea trail would decide whether to adopt it for service with the Russian Navy, the United Shipbuilding Corporation was quoted as saying by RIA Novosti
Russias Azov large landing ship will resume its mission as part of the Russian naval task force in the Mediterranean. The Ropucha-II class ship, which took part in recent Russian-Belarusian exercises Zapad-2013, left the Baltiisk base in Russias exclave of Kaliningrad on Tuesday
Indian Navy’s MiG-29K Suffers Engine Fire, Crashes
Russia’s Upgraded MiG-31BM jets to Enter Service by Year-end
Rolls-Royce Wins USAF’s T-56 Aircraft Engines Upgrade Contract
Bechtel Bags US Navy's $1.4Bn Naval Nuclear Propulsion Components Contract
Bangladesh to Buy Fighter Jets, Apache Gunships & Missile Systems from US
India's Tejas Mk2 in Final Trials
Russia Seeks Customers for 6 Upgraded, Former Indian Air Force Su-30 Fighters
Italian Arms Exports to Pakistan Jump four-folds in 1 year
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...