Russia’s top nuclear reactor designer arrested for fraud

Russian Nuclear Reactors’ Designer Held on Suspicion of Fraud. 17/04/2012 MOSCOW, April 17 (RIA Novosti) –The head of the Russian nuclear reactor design bureau Gidropress, a subsidiary of the State Atomic Energy Corporation Rosatom, Viktor Mokhov has been detained on suspicion of an 18-million-ruble ($600,000) fraud scheme.
Mokhov, who was appointed the Gidropress head in August 2011 just two
months after the company’s top managers died in a plane crash in
northwestern Russia, is suspected of illegally cashing money allocated
for the economy modernization program, a source in the company who
requested to remain anonymous told RIA Novosti.
The fraud was uncovered in the fall of 2011 during an internal audit
in the company. In late March, a criminal case was opened against
Mokhov and his deputy, Sergei Sitsky, who together are suspected of
cashing 26 million rubles (almost $900,000)….
The design bureau, which was established 66 years ago, produces
nuclear reactors used in 18 nuclear power plants in Russia, Ukraine,
Armenia, Finland, Bulgaria, Hungary, the Czech Republic, Slovakia, and
China. http://en.ria.ru/crime/20120417/172875242.html
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