Ex-director of Nakhodka Ship Repair Yard suspected of stealing 23.5 million rubles

Ex-director of Nakhodka Ship Repair Yard suspected of stealing 23.5 million rubles

The Military Prosecutor's Office of the Pacific Fleet believes that money has been stolen during the execution of a state contract for ship repair.

The former Director of the Nakhodka Ship Repair Yard Open Joint Stock Company has become a subject of investigation in Primorsky Region.

This person may be Andrey Chizh, the Zolotoy Rog newspaper reported. Together with his father, Yevgeny Chizh, he headed the shipyard for 30 years.

According to the Chief Military Prosecutor's Office, the shipyard received a state contract to repair the landing craft carrier of the Russian Navy, and then it hired Aleut-Vostok as a subcontractor. For its alleged work, Aleut-Vostok was paid 23.5 million rubles.

A criminal case was initiated under the part 4 of Art. 159 of the Russian Criminal Code (Swindling committed by an organized group or on an especially large scale). For this crime the former Head of the yard can be sentenced for up to 10 years in prison.

Nakhodka Ship Repair Yard was established in 1951. In 1992, it became a joint stock company. Some 37.5% of the shares belong to Irina Borbot (Vladivostok). Another 19.8% - to the Ferina Commercial Ltd., 17.7% - to Hydery International, Ltd. (both registered in the British Virgin Islands). Rosbank owns 24.8% of the shares. Until October 24, 2014, Andrey Chizh was CEO. His father, Yevgeny Chizh, is the Chairman of the Board of Directors.

The company provides comprehensive and navigational repairs for ships of all classes and types, and is also engaged in shipbuilding. Among the main customers are Nakhodka Active Marine Fishery Base and border patrol ships of the Russian Federal Security Service (the FSB).

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