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The leader of a company that produces space equipment in Russia has been arrested for suspicion of committing fraud.
Europe Technology

The leader of a company that produces space equipment in Russia has been arrested for suspicion of committing fraud.

According to state media, the CEO of a company responsible for producing navigation systems for Russia’s space program was detained in Moscow and accused of committing significant fraud.

An unnamed law enforcement official reported to TASS news agency that Yevgeny Fomichev was questioned and accused of committing extensive fraud, which is punishable by a maximum prison sentence of 10 years and a fine of 1 million rubles ($10,972).

According to TASS, the Basmanny District Court in Moscow, known for handling important cases, has ordered Fomichev to be held in custody until February 21st at the request of Russia’s Investigative Committee, responsible for investigating serious crimes.

According to its website, NPP Geophysics-Cosmos, led by Fomichev, specializes in producing advanced devices for spacecraft navigation and orientation. The company proudly states that their equipment is utilized by the majority of Russian spacecraft.

The website contains a nine-page policy against corruption, stating that management plays a crucial role in promoting a culture of zero tolerance for corrupt practices.

In August, Russia’s lunar mission experienced a major failure as their Luna-25 probe crashed into the moon’s surface during its landing attempt.

A faulty onboard control unit was identified as the cause of the failure of Russia’s initial lunar mission in nearly five decades.

Source: voanews.com