CFRIES

Centre Franco-Russe d’Intelligence Economique et Stratégique

04 juillet 2006

Former Aeroflot managers get two-year suspended sentences

MOSCOW, July 3 (RIA Novosti) - A Moscow court handed down two-year suspended sentences Monday to two former top managers of Russia's leading airline, Aeroflot.

Former Aeroflot deputy director general Nikolai Glushkov, former chief accountant Lidia Kryzhevskaya, and former head of affiliated company Financial United Corporation Roman Sheinin were found guilty of embezzling Aeroflot funds worth 214.9 million rubles ($8 million).

The judge said the defendants had pleaded not guilty, adding that the court had taken into account mitigating circumstances. She said they suffered from chronic illnesses and were elderly people.

Prosecutors and defense attorneys said they had made no decision on appealing against the verdict yet.

Prosecutors had demanded prison terms of five, four and a half and four years for Glushkov, Kryzhevskaya and Sheinin respectively.

The Prosecutor General's Office said Glushkov and other defendants had convinced former Aeroflot director general Yevgeny Shaposhnikov to transfer the airline's currency earnings to a foreign account. As a result, $252.4 million were transferred from Aeroflot's 77 branches from May 1996 to November 1997 and part of this sum was embezzled.

In March 2004, Glushkov and Alexander Krasnenker, a former Aeroflot deputy director general, were sentenced to three years and three months and two and a half years in jail. Krasnenker died in 2005.

However, the Moscow City Court overturned this sentence and sent the case for retrial.

Posté par CFRIES à 00:17 - Automobile & Transport - Permalien [#]