Ex-CEO condemned for embezzlement in purchasing of electronic bracelets released on parole

Ex-CEO condemned for embezzlement in purchasing of electronic bracelets released on parole
Ex-CEO of Meta Nikolay Martynov

Nikolay Martynov got three years and eight months of a colony for a swindle.

Ex-CEO of Meta Nikolay Martynov, who got penal for swindle during purchase of electronic bracelets for needs of the Federal Penitentiary Service (FSIN) of Russia, was released on parole. The Preobrazhenskiy court of Moscow passed this decision on Monday, September 25.

To recall, the former head of the company passed on the case of embezzlement of 2.7 billion rubles ($46.9 million) allocated from the treasury for the introduction of the system of electronic monitoring of persons under surveillance known as electronic bracelets. Besides him, ex-director of the FSIN Aleksander Reymer and his former deputy for supplies and logistics Nikolay Krivolapov became defendants in the case.

According to the investigators, in 2010-2012 Reymer created a criminal group, into which, besides two defendants mentioned above, retired colonel Victor Opredelenov entered.

Martynov gave testimonies within the pre-trial agreement on cooperation telling that general Reymer demanded kickbacks of 10% of the contracts’ cost for their signing.

According to Nikolay Martynov, he brought 140 million rubles ($2.4 million) to Zhitnaya Street where the head office of the FSIN is based and gave them to the head of the department directly in his office. As a result, the businessman whose case was considered in a special order was sentenced to three years and eight months.

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