Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Gazprom Corruption Scandal
September 3, 2014 16:39


During the next few months the General Prosecutor's Office of Switzerland intends to bring an official accusation of corruption against the four people, possibly including two top managers of “Gazprom”, according to the Zurich newspaper ‘Tages-Anzeiger’.

The edition does not mention the names of suspects. It is reported that one of the participants in the corruption scandal still holds a senior position in “Gazprom”.

The second suspect left the company in 2008, and before that he was a member of the Management Board of “Gazprom” and was responsible for transportation and storage of gas.

Referring to its sources in the Prosecutor's Office ‘Tages-Anzeiger’ reported that the representatives of “Gazprom” are suspected of taking bribes in the amount of 2-3% of the value of the contract for the supply of compressor stations for the gas pipeline “Yamal – Europe”. Only in one of the investigated cases we are talking about a “kickback” of about $ 4 million.

In November 2013 the Prosecutor's Office of Switzerland accused Swedish the company Siemens Industrial Turbomachinery (SIT) of the fact that it concluded the contract for the supply of gas turbines in the implementation of the “Yamal – Europe”  pipeline project, thanks to bribing the senior management of the Russian state-owned company.

According to the investigation, SIT made illegal payments in 2004-2006, transferring money to the accounts opened by the recipients in the Swiss banks. The Prosecutor's Office then noted that SIT admitted its guilt. The Swiss authorities obliged the subsidiary of Siemens to pay a fine in the amount of $ 10.6 million, as well as to make a donation to the International Committee of the Red Cross in the amount of $ 135 thousand.

The owner and the operator of the Russian part of the pipeline is “Gazprom”, and the customer of the pipeline was “Yamalgazinvest” - the subsidiary of “Gazprom”. The general contractor is the company “Stroytransgaz”. The construction of the pipeline “Yamal – Europe” was completed in 2006. It crosses the territories of the four countries - Russia, Belarus, Poland and Germany. 

Author: Anna Dorozhkina

Tags: corruption Gazprom Russia International Russian oil  

Next Previous

You might also find interesting:

Top 3 Videos From Russia Platforms for Public Procurement in Russia My Hearts in My Country, My Heart isnt Here Estonia Fears Russia Russia Does Not Regret Its Inability To Participate In G8

Comment on our site

RSS   twitter      submit

Numismatics  Leonid Yarmolnik  Russian history  Krasnodar  Russian schools  Russian Cinema  Mikhail Khodorkovsky  Russian tourism  migration in Russia  Ferapontovo  Russian government  Science  Exhibitions in Moscow  Viktor Vasnetsov  Russian Internet providers  tickets  Melihovo  Irkutsk Region  Festivals  2018 FIFA World Cup  Pushkin Museum of Fine Arts  Russian scientists  Transportation  Mercedes-Benz Fashion Week Russia  Chizh  Sakhalin  St. Petersburg  Moscow State University  Fashion Futurum  videos from Russia  Zaryadye  Sochi Olympics  Small Business  Russian events  Moscow  Leon Bakst  Pussy Riot case  Russian science  Russian opera singers  Russian economy  Sabine Weiss  Tretyakov Gallery  Satka  Sochi 2014 Paralympic Games  Euro-2012  Russian business  Crimea  Russian universities  Peter Chikhachev  Anton Chekhov 

Travel Blogs
Top Traveling Sites