MOSCOW (Sputnik) — Yevdokimov is currently under arrest and is facing a sentence of up to ten years, if found guilty.
"Yevdokimov has been charged with large-scale fraud as part of an organized group. He has embezzled at least 200 million roubles from RSK MiG [Russian Aircraft Corporation MiG]," an investigator told RIA Novosti at Moscow's Basmanny district court.
Earlier, the investigators arrested Alexei Ozerov, a former CEO of MiG subsidiary, and deputy CEO of another Russian aircraft manufacturer Tupolev Yegor Noskov in connection with this case.
The detainees are suspected of having illegally acquired a development site in northeastern Moscow that was later resold and then sublet to the subsidiaries of the United Aircraft Corporation (UAC) among other clients.
MiG and Tupolev are both affiliates of the UAC.