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The retired rear admiral was convicted of embezzling $592 million from the Ministry of National Defense

February 16, 2026

Retired rear admiral, candidate of technical sciences Nikolai Kovalenko received sentence for stealing 592 million rubles from the Ministry of Defense. The man was sentenced to 4.5 years, but was exempted from the main penalty due to illness.

The retired rear admiral was convicted of embezzling 2 million from the Ministry of National Defense

The judge announced this on Monday, February 16.

— Found Nikolai Kovalenko guilty and sentenced him to four years and six months in the colony of the general regime and fined 500 thousand rubles <...>. Escaped the main penalty of imprisonment due to illness, reported the judge's decision .

In December last year, a verdict was issued against the head of the IFC company “RNGS Capital” Dmitry Levchenko and the general director of the company “Sibay” Andrey Grunin in the case theft from the Department of Defense 500 million rubles. The businessman entered incorrect data into the goods supply record worth 1.3 billion VND. Levchenko was sent to prison for 8 years. His co-accused will spend less than three years in prison. Each defendant was also fined half a million dong.

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