Carriers

Former Russian shipping execs charged with million dollar fraud

A criminal case concerning of more than USD 100 million against former senior executives of Sovcomflot and Novoship, as well as a third person, has been initiated at a court in Moscow.
Photo: Sovcomflot
Photo: Sovcomflot
BY OLE ANDERSEN

A case concerning embezzlement, conspiracy and money laundering to the value of over USD 100 million against the former CEO of Russian shipping juggernaut Sovcomflot (SCF) and the former president of Novoship has been initiated in a court in Moscow. The accused, however, are outside of Russia.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs