Russian official charged with selling MiG jets for $5 | Top Russian news and analysis online | 'RIA Novosti' newswire

Russian official charged with selling MiG jets for $5 | Top Russian news and analysis online | ‘RIA Novosti’ newswire: “A former Russian state official has been charged with illegally selling MiG-31 Foxhound aircraft hulls at a price of 153 rubles ($5) each instead of $3.7 million in 2007, investigators said.
‘In March 2010, while probing the criminal case on fraudulent activities performed at the time when four state-owned MiG-31 planes were sold, a former employee of [state reserves agency] Rosrezerv was charged with large-scale fraud,’ investigators said.
The criminal case was launched in summer 2009. The sale came to light after an anti-corruption check was carried out to see whether regulations were followed during the sale of items from the Sokol Aircraft Construction plant located in the Russian Volga city of Nizhny Novgorod.”

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