Sports

MOSCOW, September 18 (RIA Novosti) - Criminal...

Musail Ismailov, chief of the Aviaremsnab company, and his deputy Alexander Kutumov are currently serving jail terms for similar offences. They were convicted for fraud in May after investigators determined the company used forged certificates and tags on old aviation equipment and sold it as new to the MiG company.

Under the $14.3 million contract, Aviaremsnab was to supply MiG with new spare parts and equipment. The company received $1.7 million in advance payments for components made in 2005-2006, but received products manufactured between 1982 and 1996, with forged certificates.

Some of the parts were to be shipped to the Polish air force, and others were to be used in the 24 MiG fighters that Algeria later refused to accept due to their "inferior quality."

The fraud, however, had been uncovered before the components were installed.

Russian arms export monopoly Rosoboronexport signed a $1.3 bln contract to deliver 28 one-seat MiG-29SMT fighters and

Pages: [1] 2 3 


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):
Popular Articles

Russian Vladimir Chagin (Kamaz) has won...

Russian Vladimir Chagin (Kamaz) has won the second special stage of the legendary off-road Dakar Rally in Buenos Aires, strengthening his leadership in the race.


The International Monetary Fund (IMF) will...

The International Monetary Fund (IMF) will provide Moldova with loans worth a total of $570 million to help one of Europe"s poorest states in post-crisis recovery.


FIFA head Sepp Blatter met Russian President...

FIFA head Sepp Blatter met Russian President Dmitry Medvedev on Friday to discuss Russia"s bid to host either the 2018 or the 2022 World Cup.