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Russia: Kalashnikov-Producer Izhmash Suspected of Embezzlement

Published: April 11, 2013; 10:59 · (Vindobona)

A former General Director is suspected of having transferred securities beyond their value. A lawsuit based on corruption allegations was filed against a former Deputy Agriculture Minister.

Russia: Kalashnikov-Producer Izhmash Suspected of Embezzlement / Picture: © Flickr

Former Director of the company Izhmash, producer of the world-renowned assault weapon Kalashnikov, was arrested as he is under the suspicion of having done unlawful business in Cyprus. Vladimir Grodezki has, according to the first investigations, deliberatly transmitted securities significantly below their value to a corporation in Cyprus. This was announced to news agency Interfax by…

This article includes a total of 280 words.

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