Monday, August 3, 2015

Defendants in the case of embezzlement in the MIPC convicted – BBC

Zamoskvoretskiy court found guilty of fraud and Erastus Vladimir Yarkova Musayev, who are involved in the case of embezzlement in the purchase of equipment for the Moscow Integrated Power Company (MIPC), reports RIA “Novosti» .

In the dock are former director general for capital construction MIPC Yarkov and deputy head of capital construction Musayev service.

According to investigators, in 2007-2008, the former CEO of Capital Construction MIPC Yarkov and deputy head of capital construction services Musayev in the commission of OJSC “Moscow United Energy Company” signed an act of reception and transmission of allegedly turbine engine cost more than $ 1.8 million. Meanwhile, the engine was not put the company JSC “MIPC” and instead was twice put the other engine installation.

The proceeds were transferred funds for non-existent transactions to accounts controlled entities and distributed among fraudsters.

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