Connect with us

Hi, what are you looking for?

Latest News

Russian deputy defense minister arrested on corruption charges

A Russian deputy defense minister has been charged with taking a bribe, in Russia’s highest-profile corruption scandal since President Vladimir Putin launched his invasion of Ukraine more than two years ago.

Timur Ivanov is suspected of accepting a bribe of 1 million rubles (at least $10,800), Russian state media TASS reported.

He appeared in a Moscow court Wednesday, dressed in full military garb as he stood in a glass cage, and was accused of receiving a bribe as part of an organized group while performing contracted work for the Defense Ministry. If convicted, he faces 15 years in prison.

Ivanov, who has been in his post since 2016, is seen as a senior architect of Russia’s war in Ukraine and a close ally of Defense Minister Sergey Shoigu.

The unexpected arrest of an ally of Shoigu may again put pressure on the defense minister, who has been criticized for his handling of the invasion of Ukraine – most forcefully by the Wagner chief Yevgeny Prigozhin in the months before his death last year. Despite setbacks, Shoigu has been kept in his post by Putin.

Ivanov’s responsibilities have included the reconstruction of Mairupol, a city in southern Ukraine reduced to ruin by Russian forces in a months-long siege at the outset of the war. The minister has frequently been seen cutting ribbons on various construction projects in the city – as Russia attempts to put a Potemkin facade on the city it destroyed.

His lavish lifestyle has earned him a reputation inside Russia and, with it, the scrutiny of the late Russian opposition leader Alexey Navalny’s Anti-Corruption Foundation (ACF). Maria Pevchikh, chair of the foundation, said Ivanov had “one of the most lucrative jobs that one can have” in Russia’s Defense Ministry, and claimed the invasion of Ukraine has made him far richer.

Ivanov was sanctioned by the European Union and United States after Russia invaded Ukraine.

But his ex-wife, Svetlana Maniovich, has continued to live a life of European opulence: yachting on the Mediterranean, skiing in the Alps and living in Paris.

In an investigation last year, the ACF assembled a picture of a woman who has seemingly escaped all scrutiny for Ivanov’s role in Ukraine, and the extreme profits he is alleged to have reaped. Drawing on a trove of 8,000 leaked emails, the investigation claimed that Maniovich spent more than $100,000 in a top Paris jewlry store on the famed Place Vendrome in March 2022, while the siege of Mariupol was tightening.

This post appeared first on cnn.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    I experimented with various strategies that mainly involved long options, which would eventually depreciate and eat away at my capital.   How to start...

    Latest News

    A 23-year-old German-Israeli woman who was kidnapped from the Nova music festival by Hamas militants on October 7 has been declared dead, the Israeli...

    Editor's Pick

    IoT Complete is a fast and easy way to connect products. The fully integrated service enables enterprises to connect their products from certified connectivity...

    Investing

    (Most traded options are American options. The underlying can be bought or sold anytime . However ‘European’ options, which can only be exercised on...

    Disclaimer: gorgeousincome.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 gorgeousincome.com