More embezzlement seen at GLONASS ? $213 million total over three years

The three-year federal embezzlement investigation into Russia?s GLONASS national satellite navigation program saw a new development earlier this month.

The three-year federal embezzlement investigation into Russia?s GLONASS national satellite navigation program saw a new development earlier this month as Moscow?s Tverskoy District Court ruled to keep in custody both the former and current CEOs of Synertech, a Moscow-based company contracted for R&D work by Russian Space Systems ? one of Russia?s key space exploration and GLONASS program operators and the prime suspect in the investigation. The two executives had been detained earlier this month in a police operation tied to a broader probe into what is alleged to be Synertech?s 85 million ruble ($2.7 million) misappropriation of government funds, East-West Digital News, the international resource on Russian digital industries, reported yesterday, citing an announcement by the Moscow police. According to the source, Russian Space Systems wired the money as payment for bogus R&D that Synertech never completed...