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
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance 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
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    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. >Finance
    3. >Russia charges ex-deputy defence minister with corruption
    Finance

    Russia Charges Ex-Deputy Defence Minister With Corruption

    Published by Global Banking & Finance Review®

    Posted on March 5, 2026

    1 min read

    Last updated: April 1, 2026

    Add as preferred source on Google
    The image captures President Zelenskiy during a press conference, asserting Ukraine's commitment to sovereignty and territorial integrity. This aligns with his statement that Ukrainians will not concede land to occupiers, emphasizing the nation's resolve amidst geopolitical tensions.
    Ukrainian President Zelenskiy emphasizes land sovereignty against occupiers - Global Banking & Finance Review
    Tags:FinanceBankingMarketsRussiaCorruption

    Quick Summary

    Russia’s Investigative Committee on March 5, 2026 announced corruption charges against ex‑First Deputy Defence Minister Ruslan Tsalikov, accused of embezzlement, money laundering and bribe‑taking—the latest in a sweeping anti‑graft drive targeting top military figures.

    Global Banking & Finance Awards 2026 — Call for Entries

    Table of Contents

    • Corruption Charges and Prosecutions in Russia's Defence Ministry
    • Background of the Charges
    • Details of the Accusations
    • Tsalikov's Tenure and the Broader Crackdown
    • Other High-Profile Cases
    • Timur Ivanov's Conviction
    • Leadership Changes in the Defence Ministry
    • Roles of Ivanov and Tsalikov

    Russia Charges Ex-Deputy Defence Minister Ruslan Tsalikov With Corruption

    Corruption Charges and Prosecutions in Russia's Defence Ministry

    Background of the Charges

    MOSCOW, March 5 (Reuters) - Russia has charged a former deputy defence minister with corruption, investigators said on Thursday, in the latest of a series of prosecutions against top figures in the military establishment.

    Details of the Accusations

    The state Investigative Committee said Ruslan Tsalikov was accused of embezzlement, money laundering and bribe-taking.

    Tsalikov's Tenure and the Broader Crackdown

    Tsalikov served as first deputy defence minister from 2015 to 2024, when a series of corruption cases led to the arrest of a string of generals, deputy ministers and civilian defence civilians.

    Other High-Profile Cases

    Timur Ivanov's Conviction

    Another former deputy minister, Timur Ivanov, was jailed for 13 years in July 2025.

    Leadership Changes in the Defence Ministry

    Roles of Ivanov and Tsalikov

    Ivanov and Tsalikov served under Sergei Shoigu, a longtime ally of Russian President Vladimir Putin. Shoigu was removed as defence minister in 2024, and appointed secretary of Russia's Security Council.

    (Reporting by Reuters, Writing by Felix Light; Editing by Mark Trevelyan)

    Key Takeaways

    • •Ruslan Tsalikov served as first deputy defence minister from 2015 to 2024 and now faces charges of embezzlement, money laundering and bribery under Russia’s criminal statutes.
    • •This development continues a broader Kremlin‑led anti‑corruption campaign focused on the Defence Ministry, which saw the July 1, 2025 conviction of former deputy minister Timur Ivanov, who received a 13‑year sentence for embezzling some 3.9 billion rubles and laundering funds, while having his assets seized and state awards stripped (themoscowtimes.com).
    • •Ivanov’s case marked one of the harshest punishments so far, illustrating the severity of the graft crackdown. Tsalikov’s indictment signals the campaign’s continuation into 2026, suggesting sustained pressure on military‑industrial elites (themoscowtimes.com).

    References

    • Ex-Deputy Defense Minister Timur Ivanov Sentenced to 13 Years in Prison - The Moscow Times

    Frequently Asked Questions about Russia charges ex-deputy defence minister with corruption

    1Who was charged with corruption in Russia?

    Former deputy defence minister Ruslan Tsalikov was charged with corruption, including embezzlement, money laundering, and bribe-taking.

    2What roles did Ruslan Tsalikov serve in the Russian Defence Ministry?

    Ruslan Tsalikov served as first deputy defence minister from 2015 to 2024.

    3What other high-level Russian officials have been prosecuted for corruption recently?

    Other officials, including former deputy minister Timur Ivanov, have also been prosecuted; Ivanov was jailed for 13 years in July 2025.

    4Under whom did Tsalikov and Ivanov serve?

    Tsalikov and Ivanov both served under Sergei Shoigu, the former Russian defence minister.

    5What position does Sergei Shoigu hold now?

    Sergei Shoigu was removed as defence minister in 2024 and appointed secretary of Russia's Security Council.

    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

    Global Banking & Finance Awards 2026 — Now Open for Entries
    Previous Finance PostSeven Countries Warn EU Not to Upend Energy Market Design
    Next Finance PostWall Street Sees Early Drop as Iran War Drives Bond Selloff
    More from Finance

    Explore more articles in the Finance category

    Image for Spain says it would actively participate in potential EU jet fuel sharing
    Spain Says It Would Actively Participate in Potential EU Jet Fuel Sharing
    Image for Sibanye asks for EU concessions as it ramps up Europe's first lithium mine
    Sibanye Asks for EU Concessions as It Ramps up Europe's First Lithium Mine
    Image for Boehringer Ingelheim launches AI centre for pharma research in London
    Boehringer Ingelheim Launches AI Centre for Pharma Research in London
    Image for Exclusive-US to host further G20 talks on war's impact on food and fertilizer
    Exclusive-US to Host Further G20 Talks on War's Impact on Food and Fertilizer
    Image for Factbox-Why are French prosecutors investigating Elon Musk's X?
    Factbox-Why Are French Prosecutors Investigating Elon Musk's X?
    Image for German union renews calls for Commerzbank independence after UniCredit's latest push
    German Union Renews Calls for Commerzbank Independence After UniCredit's Latest Push
    Image for Bond investors propose crisis 'pause clauses' for emerging countries
    Bond Investors Propose Crisis 'pause Clauses' for Emerging Countries
    Image for Catalonia aims to balance Chinese investments, prioritising local jobs
    Catalonia Aims to Balance Chinese Investments, Prioritising Local Jobs
    Image for Marvell shares gain on report of deal talks with Google to develop two AI chips
    Marvell Shares Gain on Report of Deal Talks With Google to Develop Two AI Chips
    Image for Pernod Ricard said to begin IPO process for India unit, Bloomberg News reports
    Pernod Ricard Said to Begin IPO Process for India Unit, Bloomberg News Reports
    Image for Czech PM Babis criticises Senate leader's Taiwan trip for damaging China business ties
    Czech PM Babis Criticises Senate Leader's Taiwan Trip for Damaging China Business Ties
    Image for Dutch government offers tax breaks for rising fuel costs
    Dutch Government Offers Tax Breaks for Rising Fuel Costs
    View All Finance Posts