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Russian space chiefs shaken by graft probe
November 09, 2012
Russia's cash-strapped space industry appeared headed for a new shakedown today with a warning from a top police official about a growing embezzlement probe against its management.
A police official said the Russian Space Systems construction bureau had misspent 6.5 billion rubles (about USD 200 million) while developing its much delayed GLONASS satellite navigation system for consumers and the military.
"We have established that around 6.5 billion has been stolen," former GLONASS investigation chief and current Moscow metro security overseer Igor Bozhkov told reporters.