• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Friday, June 5, 2026

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel war
  • Gilgit Baltistan Election
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Agencies

Russian space sector plagued by astronomical corruption

Published on: May 28, 2019 5:16 PM

With millions of dollars missing and officials in prison or fleeing the country, Russia’s space sector is at the heart of a staggering embezzlement scheme that has dampened ambitions of recovering its Soviet-era greatness.
For years, Moscow has tried to fix the industry that was a source of immense pride in the USSR. While it has bounced back from its post-Soviet collapse and once again become a major world player, the Russian space sector has recently suffered a series of humiliating failures.
And now, massive corruption scandals at state space agency Roscosmos have eclipsed its plans to launch new rockets and lunar stations.
“Billions (of rubles) are being stolen there, billions,” Alexander Bastrykin, the powerful head of Russia’s Investigative Committee — Russia’s equivalent of the FBI — said in mid-May.
Investigations into corruption at Roscosmos have been ongoing “for around five years and there is no end in sight,” he added.
In the latest controversy, a senior space official appears to have fled Russia during an audit of the research centre he headed.
Yury Yaskin, the director of the Research Institute of Space Instrumentation, left Russia for a European country in April where he announced his resignation, the Kommersant paper reported.
He feared the discovery of malpractice during an inspection of the institute, according to the newspaper’s sources.
Roscosmos confirmed to AFP that Yaskin had resigned but did not clarify why. His Moscow institute is involved in developing the Russian satellite navigation system GLONASS designed to compete with the American GPS system.

Filed Under: World Tagged With: Moscow

Submit a Comment




Primary Sidebar




Latest News

Satirical ‘Cockroach Party’ plans protest in New Delhi

Naqvi urges joint SCO action against regional security threats

Traditional Turkish coffee seller becomes a tourist attraction in Istanbul

UP madrasa demolished amid renewed scrutiny of Muslim institutions

AJK sets July 27 date for general elections

Pakistan

Naqvi urges joint SCO action against regional security threats

AJK sets July 27 date for general elections

Two sons of tribal leader killed in Waziristan shooting

President, Prime Minister praise forces after anti-terror operations in KP

Gilgit-Baltistan election campaign reaches final stretch

More Posts from this Category

Business

Weekly inflation eases as prices of some essentials decline

Federal budget proposes funding for Karachi development projects

Gold prices recorded a modest decline across Pakistan

Oil falls on hopes of broader peace after Lebanon, Israel halt fighting

Meat exports grow by 4.16%

More Posts from this Category

World

Satirical ‘Cockroach Party’ plans protest in New Delhi

Traditional Turkish coffee seller becomes a tourist attraction in Istanbul

UP madrasa demolished amid renewed scrutiny of Muslim institutions

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2026 Daily Times. All rights reserved.

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.