Large fraud of almost 300 million rubles revealed in the Russian defense industry

Former head of "Radioautomatica" charged with overpricing imported electronic components

The former general director of the company "Radioautomatica," Vladimir Ivanov, has been charged with embezzling 281 million rubles from state defense order funds.

The Investigative Committee believes that he overstated the cost of imported electronic components purchased for the execution of the state defense order by almost 300 million rubles.

The criminal case on especially large-scale fraud is based on contracts from 2016, when "Radioautomatica" concluded two contracts with JSC "Central Scientific Research Radio Engineering Institute named after Academician A. I. Berg" (CNIRTI, part of the "Almaz-Antey" concern).

The amount in the contracts amounted to more than 920 million rubles, and it concerned conducting experimental design work. However, law enforcement officials came to the conclusion that the cost of electronic components purchased abroad by "Radioautomatica" as part of the order was overstated by 281.3 million rubles, that is, by more than 300%.

About CNIRTI

CNIRTI named after A.I. Berg produces equipment for electronic intelligence and electronic warfare (EW) of aviation, ground and space-based, as well as electronic protection systems.

Earlier www1.ru reported that Russia is ready to offer deliveries of Su-57 and S-400 air defense systems abroad.

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