Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Russian Graft Probe Targets Defense Ministry’s Nuclear Forces

Russia opened 13 criminal investigations into corruption in the strategic missile forces that operate the country’s nuclear arsenal, the latest in a spate of anti-graft probes that have already triggered the departure of Defense Minister Anatoly Serdyukov.

The ministry lost more than 90 million rubles ($3 million) as military commanders abused their authority in awarding 16 contracts to redevelop land used for missile tests, according to a statement on the General Prosecutor’s website today. Other crimes include bribery and paying kickbacks, prosecutors said.

President Vladimir Putin fired Serdyukov in November over an alleged $132 million fraud involving his subordinates. Serdyukov, who orchestrated an overhaul of the Russian army before leaving his post, has been questioned twice as a witness.

Frustration with graft, the worst among major economies according to Transparency International, helped fuel the biggest anti-Putin protests since the Russian leader ascended to the presidency in 1999. Putin, who returned to the Kremlin last year after a stint as prime minister, is seeking to bolster the government’s anti-corruption efforts.

Serdyukov’s replacement, Sergei Shoigu, the country’s longest-serving Cabinet member, has begun reviewing his predecessor’s decisions. Shoigu had previously headed the Emergency Situations Ministry, which was involved in a corruption investigation in 2003 during Putin’s first presidential term.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.