Bank Street Journal
  • Business
  • Politics
  • World
  • Investing
  • Business
  • Politics
  • World
  • Investing
No Result
View All Result
Bank Street Journal
No Result
View All Result
Home World

Russian deputy defense minister arrested on corruption charges

April 25, 2024
in World
Russian deputy defense minister arrested on corruption charges
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

A Russian deputy defense minister has been charged with taking a bribe, in Russia’s highest-profile corruption scandal since President Vladimir Putin launched his invasion of Ukraine more than two years ago.

Timur Ivanov is suspected of accepting a bribe of 1 million rubles (at least $10,800), Russian state media TASS reported.

He appeared in a Moscow court Wednesday, dressed in full military garb as he stood in a glass cage, and was accused of receiving a bribe as part of an organized group while performing contracted work for the Defense Ministry. If convicted, he faces 15 years in prison.

Ivanov, who has been in his post since 2016, is seen as a senior architect of Russia’s war in Ukraine and a close ally of Defense Minister Sergey Shoigu.

The unexpected arrest of an ally of Shoigu may again put pressure on the defense minister, who has been criticized for his handling of the invasion of Ukraine – most forcefully by the Wagner chief Yevgeny Prigozhin in the months before his death last year. Despite setbacks, Shoigu has been kept in his post by Putin.

Ivanov’s responsibilities have included the reconstruction of Mairupol, a city in southern Ukraine reduced to ruin by Russian forces in a months-long siege at the outset of the war. The minister has frequently been seen cutting ribbons on various construction projects in the city – as Russia attempts to put a Potemkin facade on the city it destroyed.

His lavish lifestyle has earned him a reputation inside Russia and, with it, the scrutiny of the late Russian opposition leader Alexey Navalny’s Anti-Corruption Foundation (ACF). Maria Pevchikh, chair of the foundation, said Ivanov had “one of the most lucrative jobs that one can have” in Russia’s Defense Ministry, and claimed the invasion of Ukraine has made him far richer.

Ivanov was sanctioned by the European Union and United States after Russia invaded Ukraine.

But his ex-wife, Svetlana Maniovich, has continued to live a life of European opulence: yachting on the Mediterranean, skiing in the Alps and living in Paris.

In an investigation last year, the ACF assembled a picture of a woman who has seemingly escaped all scrutiny for Ivanov’s role in Ukraine, and the extreme profits he is alleged to have reaped. Drawing on a trove of 8,000 leaked emails, the investigation claimed that Maniovich spent more than $100,000 in a top Paris jewlry store on the famed Place Vendrome in March 2022, while the siege of Mariupol was tightening.

This post appeared first on cnn.com

Previous Post

Biden’s controversial ‘cannibalism’ remarks meet pushback in Papua New Guinea

Next Post

Escaped army horses run amok in central London

Next Post
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    April 8, 2026
    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    April 8, 2026
    Midterm alarm bells: Democrats face steep favorability deficit despite election gains

    Midterm alarm bells: Democrats face steep favorability deficit despite election gains

    April 8, 2026
    Democrat whose parents fled Iran moves to oust Hegseth

    Democrat whose parents fled Iran moves to oust Hegseth

    April 8, 2026
    Disclaimer: bankstreetjournal.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Popular

    Trump-backed candidate aims to pad GOP’s fragile House majority battle in showdown for MTG’s seat

    Trump-backed candidate aims to pad GOP’s fragile House majority battle in showdown for MTG’s seat

    April 7, 2026

    Hershey to resume using chocolate in most products; Reese’s grandson may taste sweet victory

    Hershey to resume using chocolate in most products; Reese’s grandson may taste sweet victory

    April 3, 2026

    Recent News

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    Trump’s apocalyptic Iran warning raises stakes for sweeping US strike threat

    April 8, 2026
    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    Graham eyes ‘down payment’ on Trump-backed SAVE Act without Democratic support

    April 8, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 bankstreetjournal.com | All Rights Reserved

    No Result
    View All Result
    • Business
    • Politics
    • World
    • Investing

    Copyright © 2026 bankstreetjournal.com | All Rights Reserved