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. Last Updated: 07/27/2016

Bribes for Privatization

MOSCOW (X) -- Two defense industry executives have been arrested for paying millions of rubles in bribes to a state official to speed up the privatization of their enterprises, news reports said Wednesday.

The newspaper Segodnya said State Property Committee official Vladimir Mashevsky took 9 million rubles ($3,200) to hasten the privatization of several defense enterprises in the Tyumen region of Siberia.