MOSCOW, April 19 (RAPSI) – Sergey Yuryev, the chairman of Moscow's bar association Mezhregion,  was arrested as part of a case over 1-billion-ruble embezzlement (over $15 million) from the State Air Traffic Management Corporation (ATM), and placed in detention on Friday, the Investigative Committee of Russia reports.

According to investigators, in 2008, the State ATM Corporation signed a contract for legal services with one of the bar associations. The bar chairman working connections in the Federal Air Transport Agency (Rosaviatsiya) submitted a conclusion with a write-up value of legal services for the completion of tender documentation. The signed agreement has been repeatedly prolonged in violation of the established procedure.

The contract overpricing resulted in unjust receipt of more than 1 billion rubles by the bar association from 2008 to 2018, investigators claim.

A Rosaviatsiya employee involved in the case has been arrested and detained as well, the statement reads.