Criminal case opened over embezzling at Russia’s Vostochny spaceport

Russia’s Investigative Committee has launched a criminal investigation into the embezzlement of over $1 million allocated for constructing an administrative complex at the Vostochny spaceport, IC official spokesperson Svetlana Petrenko said.

The criminal case into fraud has been opened against Director General of the MIKOS company Sergey Ostrovsky, TASS reports.

Some 143 million rubles were allocated in 2013 for the construction of the complex that includes a hotel, an engineering building and a foodservice center. The MIKOS company was a subcontractor.

Ostrovsky signed counterfeit acceptance certificates of design documentation and received 70 mln rubles in January 2014. 

He was earlier found guilty of committing a similar crime, namely embezzling funds allocated for carrying out design engineering of the Vostochny spaceport.