The Construction Company CEO suspected in stealing 70 million rubles during construction of Zenith-Arena in St. Petersburg detained in Moscow

The Construction Company CEO suspected in stealing 70 million rubles during construction of Zenith-Arena in St. Petersburg detained in Moscow
Project of the Zenith-Arena stadium in St. Petersburg

Vasily Slivkin was earlier awarded a medal for his company’s input into the reconstruction of the Bolshoy Theater.

Vasily Slivkin, a CEO of the Moscow StroyElectroMontazh Company has been detained and escorted to St. Petersburg for questioning by the Ministry of Internal Affairs (MIA) investigators. He is suspected in fraud for more that 70 million rubles allocated from St. Petersburg city budget for lighting installation at the Zenith-Arena stadium, which is currently under construction in St. Petersburg.

The investigators believe that the St. Petersburg Construction Committee has signed a contract with the StroyElectroMontazh Limited Liability Company to supply and install lighting equipment for the total of 350 million rubles. The contractor received an advance – some 180 million rubles – and supplied and installed equipment worth, according to the documents, 101 million rubles. But in fact, the company costs did not exceed 27 million rubles, especially taking that the light fixtures had been supplied to the StroyElectroMontazh by the SEM Complect Company, also owned by Vasily Slivkin at that time.

Based on the evidence, the Russian MIA General Administration for St. Petersburg and the Leningrad Region investigators initiated a criminal case based on the Article 159 of the Criminal Code of the Russian Federation (Fraud at especially large scale). On May 18, 2016 searches were performed in the Moscow office of the StroyElectroMontazh, in St. Petersburg Management Office of the Department for Stadium Planning and Construction of St. Petersburg of the ‘Fund for Capital Construction’ State Public Institution, and in the apartment of Aleksey Vatutin, head of this institution.

It should be noted that in the past, the StroyElectroMontazh Company was involved into a reconstruction of the Bolshoy Theater, and Vasily Slivkin received a second-class medal of Merit for the Motherland by a decree of President Dmitriy Medvedev.

The Zenith-Arena designed by a Japanese architect Kisho Kurokawa is currently under construction in St. Petersburg; it will be one of the most expensive stadiums in the world. It will host games of the 2017 FIFA Confederations Cup and 2018 FIFA World Cup.

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