Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Serdyukov Fired From Board of Russian Technologies

Disgraced former Defense Minister Anatoly Seryukov has been forced out of Russian Technologies, where he was fired from his position as chairman of the vast state company's advisory board.

The dismissal was announced in a presidential decree posted on the Kremlin website Thursday.

Serdyukov had been in the post since 2007, the same year he was named defense minister.

Following the revelation of a $95 million fraud case at a defense agency late last month, President Vladimir Putin removed Serdyukov from his job as defense minister. Pundits have speculated that his firing was linked to infighting among Kremlin clans jockeying for access to trillions of rubles in defense spending.

Earlier this month it was reported that Serdyukov could be made an advisor to Russian Technologies chief Sergei Chemezov after he was pushed out of the Defense Ministry. The report was denied by the company's press service.

Serdyukov had repeatedly clashed with Chemezov over the fate of defense sector firms in Russian Technologies' portfolio. In particular he had sought to hand the state's share in arms exporter Rosoboronexport to the Defense Ministry rather than to Russian Technologies, Kommersant reported Friday.

Trade and Industry Minister Dmitry Manturov was appointed as the new chairman of the board.

Russian Technologies controls about 600 companies in sectors ranging from defense to auto-making and electronics.

Related articles:

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more