The head of the Kursk Development Corporation was found with 2 million rubles and luxury watches during a search. The collection of luxury watches and 1.7 million rubles in cash were discovered during a search in the country house of Vladimir Lukin, the CEO of the "Kursk Region Development Corporation," who was previously arrested for abuse of power in the construction of defense lines on the border. This was reported by TASS, citing law enforcement agencies.
"The police discovered cash in the amount of 1.7 million rubles, as well as a collection of watches worth over $100,000," - it was specified. It is noted that among the luxury watches, Rado, Breguet, IWC, and Vacheron Constantin were found. The investigation intends to determine the legality of the origin of Lukin's property and money.
Former Deputy Minister of Defense, Timur Ivanov, will celebrate the New Year in detention. The Ministry of Internal Affairs arrested Vladimir Lukin, the CEO of the "Kursk Region Development Corporation," on charges of embezzling 173 million rubles during the construction of fortifications on the border. According to the article, the punishment for this crime could be up to 10 years in prison. On December 9, Igor Grabin, the Deputy Director of Finance at the "Kursk Region Development Corporation," was also arrested and placed in custody. It was reported that the Regional Capital Construction Department demanded 2.112 billion rubles from the "Development Corporation" because the organization failed to deliver the fortification structures on time as part of the state defense order.