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5 officials from Ukrainian Ministry of Defense indicted on embezzlement
The Chief Military Prosecutor's office sent to court 7 indictments against 5 former and current Defense Ministry officials and 2 commercial enterprise employees, all suspected of stealing state funds on an especially large scale and of official negligence during the purchase of helmets and bullet-proof vests in 2014-2015.
"Five former and current heads of the State Procurement and Material Resources Supply Department of the Defense Ministry of Ukraine were informed of suspicion in committing …
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Russia introduces emergency administration in the largest Crimean bank due to insolvency
The Central Bank of Russia introduced a temporary administration in Genbank, one of the largest banks in the Crimea, as reported on the bank’s website.
The bank, which was found to have a shortage of funds, will be salvaged by becoming a part of Sobinbank, which is part of the Bank Rossiya Group. The US Department of the Treasury believes that Rossiya is the personal bank of the top leadership of the Russian Federation. The shareholders of the institution are members of President Putin’s inner …
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Crimean authorities are investigating why most of the generators on the peninsula are out of order
Vladimir Serov, Deputy Prime Minister of Kremlin-controlled Crimea, requested an official investigation into the fact that most of the diesel generators on the peninsula are not in an operational condition, Krym.Realii reported with reference to the press service of the Russian government of the Crimea.
“It is not weather conditions which are to blame for the fact that out of the 284 diesel generators we have, only 75 work, but the people who do certain jobs. I ask for an official …
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Ukraine to seek legal assistance in the return of €15 million seized after Eurovision-2017
The Cabinet of Ministers has approved the acquisition of legal services by the Ministry of Justice for the return of the blocked financial guarantees for the international Eurovision Song Contest 2017 in the amount of 15 million euros to the state budget, as stated in the government's order No. 530-r from August 9.
"The government is taking measures for the return of the funds of financial guarantees for the holding the Eurovision Song Contest 2017, back to the state budget of Ukraine," the …
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2,500 soldiers from Ukraine and 14 countries will participate in the 'Rapid Trident 2017' exercises
More than 2,500 soldiers from Ukraine and 14 partner countries will take part in the international exercise "Rapid Trident-2017", which will begin in the Lviv region in early September this year, reported Defense Minister Stepan Poltorak. "The current exercises will be held on a larger scale than in previous years ... Our goal is quality preparation for the ‘Rapid Trident 2017’ international exercises," said Poltorak on Thursday during an audit of the National Academy of Ground Forces.
"Joint …