ST. PETERSBURG, August 17 (RAPSI, Mikhail Telekhov) – Ex-CEO of a Moscow pumping plant Igor Rodkin has received a 5.5-year suspended sentence for delivering electric pumps with unserviceable motors worth 40 million rubles (about $550,000) to the Severnaya Verf Shipyard, the United press service of St. Petersburg courts has told RAPSI.

The businessman has been found guilty of fraud and graft.

The St. Petersburg Kirovsky District Court has additionally recovered 525,000 rubles ($7,200) from the defendant. The court has also recognized the shipyard’s right to file a civil claim to collect 40 million rubles from Rodkin.

Rodkin acted as CEO of the Joint-stock company "Vane Hydraulic Machines" (LGM) until 2014. According to case files, the same year, Severnaya Verf Shipyard started executing the Defense Ministry’s state contract for the construction of frigates and corvettes. JSC LGM became a pump supply contractor. Rodkin decided to deliver unserviceable equipment of an unidentified producer without documents. He wanted to receive 15,000 rubles for each motor as graft from the producer. 

According to the indictment, the businessman supplied 73 pumps worth 122 million rubles ($1.7 million) to the St. Petersburg shipyard; 39 of them worth 40 million rubles were unworkable.

The court also found that Rodkin received 525,000 from the producer of unserviceable motors.