A criminal case has been opened over alleged misappropriation of 48 million rubles ($912,000) allocated for the construction of Vostochny Cosmodrome facilities in the Far East, the regional prosecutor’s office,announced on Thursday.
The Russian Investigative Committee reported on Monday that Sergei Terentyev, CEO of Stroyindustriya-S construction company, had been arrested on suspicion of delaying workers’ salary.
Investigators found that Terentyev, the director of the contractor that is building the Vostochny Cosmodrome, knew the company had the necessary funds to pay its employees but intentionally did not pay them in January, February or the first half of March 2015. According to the documents obtained in the investigation, the debt is now over 14 million rubles ($260,000).
The original article can be found at rapsinews.com