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Russian head of area tools maker arrested over fraud allegations

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Russian head of area tools maker arrested over fraud allegations

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The head of an organization that makes navigation programs for Russia’s area programme was arrested in Moscow and charged with main fraud, state media reported on Friday.

A view of the Moscow Kremlin in Moscow, Russia.(AP)

TASS information company quoted an unidentified regulation enforcement official as saying that Yevgeny Fomichev had been interrogated and charged with large-scale fraud, which carries a jail time period of as much as 10 years and one million rouble ($10,972) high quality.

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TASS stated Moscow’s Basmanny District Court, which regularly handles high-profile circumstances, had ordered Fomichev to be held in pre-trial detention till Feb. 21 on the request of Russia’s Investigative Committee, which offers with critical crimes.

Fomichev is head of NPP Geophysics-Cosmos, an organization whose web site says it manufactures “optical electronic orientation and navigation devices for spacecraft”. It says that the majority Russian spacecraft use its tools.

The web site features a nine-page anti-corruption coverage that claims administration has a key position in making a tradition of zero-tolerance in the direction of corruption.

Russia’s area programme suffered an enormous setback in August when its Luna-25 spacecraft smashed into the floor of the moon whereas making an attempt to land there.

An investigation blamed a malfunction in an on-board management unit for the failure of Russia’s first moon mission for 47 years.

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