Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Russia starts trial of former defence official accused of bribery and embezzlement
    Headlines

    Russia Starts Trial of Former Defence Official Accused of Bribery and Embezzlement

    Published by Global Banking & Finance Review®

    Posted on March 24, 2025

    2 min read

    Last updated: January 24, 2026

    Add as preferred source on Google
    Russia starts trial of former defence official accused of bribery and embezzlement - Headlines news and analysis from Global Banking & Finance Review

    Quick Summary

    Timur Ivanov, a former Russian deputy defence minister, is on trial for bribery and embezzlement, as part of Putin's anti-corruption efforts in the military.

    Trial of Ex-Russian Defence Official Ivanov on Corruption Charges

    MOSCOW (Reuters) -A former Russian deputy defence minister went on trial in Moscow on Monday in the first of a series of cases that signal a drive by President Vladimir Putin to punish corruption in the armed forces.

    Timur Ivanov was arrested in April last year on suspicion of taking bribes, and investigators added new embezzlement charges in October.

    State news agency TASS said the total sum alleged to have been embezzled by Ivanov and others was 4.1 billion roubles ($48.8 million), mostly in the form of bank transfers to two foreign accounts.

    Ivanov and Anton Filatov, a former subordinate who is also on trial, have denied the charges. According to TASS, Filatov has "actively cooperated" with investigators and testified against Ivanov.

    The news agency said that the court had accepted a request from prosecutors that the proceedings should take place behind closed doors on the grounds of state secrecy.

    At least a dozen people have been arrested in the past year, including two other former deputy defence ministers, in the biggest wave of scandals to hit the military establishment in years.

    While waging a war in Ukraine that is now into its fourth year, Putin is trying to eliminate waste, mismanagement and the siphoning of funds from Russia's rising defence budget.

    Ivanov, who had served as a deputy minister since 2016, was in charge of property management, housing, construction and mortgages at the defence ministry. He had long been the subject of journalistic investigations.

    The Anti-Corruption Foundation of late opposition leader Alexei Navalny alleged that Ivanov and his family lived a life of luxury including yachts, helicopters, visits to the French Riviera, purchases of diamonds and a 19th century mansion in Moscow. Forbes magazine listed him as one of the wealthiest men in Russia's security structures.

    (Reporting by Mark TrevelyanEditing by Peter Graff)

    Key Takeaways

    • •Timur Ivanov, ex-deputy defence minister, is on trial for bribery.
    • •Charges include embezzlement of 4.1 billion roubles.
    • •Trial signals Putin's crackdown on military corruption.
    • •Proceedings are held behind closed doors due to state secrecy.
    • •Ivanov denies charges; Filatov cooperates with investigators.

    Frequently Asked Questions about Russia starts trial of former defence official accused of bribery and embezzlement

    1What is the main topic?

    The trial of former Russian defence official Timur Ivanov for bribery and embezzlement, highlighting anti-corruption efforts.

    2Who is Timur Ivanov?

    Timur Ivanov is a former Russian deputy defence minister accused of bribery and embezzlement.

    3Why is the trial significant?

    It marks a significant step in Putin's campaign against corruption within Russia's military.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Image for Hungary’s opposition leader wants probe into alleged intelligence move against Tisza
    Hungary’s Opposition Leader Wants Probe Into Alleged Intelligence Move Against Tisza
    Image for Italy seizes millions in alleged fraud against Bond star Ursula Andress
    Italy Seizes Millions in Alleged Fraud Against Bond Star Ursula Andress
    Image for NATO sees sharp increase in Europe's and Canada's defence spending
    NATO Sees Sharp Increase in Europe's and Canada's Defence Spending
    Image for Cyprus rolls out new measures to dampen cost impact of Iran war
    Cyprus Rolls Out New Measures to Dampen Cost Impact of Iran War
    Image for Pentagon considers diverting Ukraine military aid to the Middle East, Washington Post reports
    Pentagon Considers Diverting Ukraine Military Aid to the Middle East, Washington Post Reports
    Image for Back in the USA - Russian lawmakers make first visit for years
    Back in the USA - Russian Lawmakers Make First Visit for Years
    Image for Russian attack hits Ukraine's Danube port, energy infrastructure
    Russian Attack Hits Ukraine's Danube Port, Energy Infrastructure
    Image for Iran says it is reviewing a US ceasefire plan but no talks; Trump says Tehran leaders want a deal
    Iran Says It Is Reviewing a US Ceasefire Plan but No Talks; Trump Says Tehran Leaders Want a Deal
    Image for Panel wants prosecution of ousted Nepal PM over violence in Gen Z protests
    Panel Wants Prosecution of Ousted Nepal PM Over Violence in Gen Z Protests
    Image for G7 allies meet against backdrop of wars in Ukraine and Iran, with unpredictable US
    G7 Allies Meet Against Backdrop of Wars in Ukraine and Iran, With Unpredictable US
    Image for North Korea's Kim Jong Un welcomed Belarus President Lukashenko to Pyongyang, KCNA says
    North Korea's Kim Jong Un Welcomed Belarus President Lukashenko to Pyongyang, Kcna Says
    Image for Ukrainian drones kill two in Russian border region of Belgorod, governor says
    Ukrainian Drones Kill Two in Russian Border Region of Belgorod, Governor Says
    View All Headlines Posts
    Previous Headlines PostPoland's Pge to Invest About $4.7 Billion in Battery Storage Projects
    Next Headlines PostRussian Priest Arrested Over 2014 Photo With Ukrainian Flag