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Russian Authorities Confiscate $4M Jewelry Collection
Oct 6, 2013 3:10 AM
By Deena Taylor
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RAPAPORT... The Investigative Committee of the Russian Federation confiscated 57,000 diamonds, rubies and emeralds from the home of former Defense Ministry official Yevgeniya Vasilyeva. The raid formed part of an ongoing investigation into corruption charges in the military sector.
Authorities took possession of 19 kilograms of jewelry in addition to a collection of expensive watches worth over $217,468 (RUB 7 million). Experts valued the combined watch and jewelry collection at $3.9 million (RUB 126 million), according to the Investigative Committee.
Vasilyeva was a former director of the property management department of the Russian Ministry of Defense known as Oboronservis and connected to former Defense Minister Anatoly Serdyukov. Serdyukov, who is a witness in the case, was fired by President Vladimir Putin as details of the investigation became public in November 2012.
Vasilyeva is charged with 12 counts of fraud including swindling, money and property laundering and abuse of official power.
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Tags:
Anatoly Serdyukov., Deena Taylor, diamond, diamonds, Investigative Committee of the Russian Federation, Jewelry
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