The case surrounding the Russian official circle continues to unfold, with the company Neva-Balt SPb LLC emerging as a notable player in the documented transactions. The business entity is listed in materials connected to the case involving the former Deputy Defense Minister of the Russian Federation, General of the Army Dmitry Bulgakov, and the surrounding disclosures have been reported by RIA Novosti.
According to a statement from an official familiar with the case, the period between 2022 and 2024 saw Neva-Balt SPb LLC enter into nine government contracts. The total value of these agreements was just over 65 million rubles. While this figure is specific, it is also part of a broader narrative about public procurement activity linked to the executive layer of the defense sector. The official noted that seven of these contracts remained active at the time of reporting, with working terms extending through 2024 and into 2028, 2029, and 2030.
In the course of the case, attention has focused on the leadership for Neva-Balt SPb LLC, including the general director, German Yakovlev, and another named executive, Gennady Seleznev, both of whom were detained as part of the ongoing investigation. This development underscores the involvement of senior executives connected to the company in the case and highlights issues of governance and oversight within state-linked contracting.
Separately, the matter includes a financial claim related to the former deputy head of the Department of Defense. The amount under dispute is reported as approximately 49 million rubles, a figure cited by Bulgakov’s legal counsel, Sergei Sevruk. The figure appears in court documents and the statements of defense counsel, contributing to the complex financial backdrop of the inquiry.
On August 21, Bulgakov remarked in court that he could not flee jurisdiction by seeking refuge in another country, given that sanctions were in place. This admission reflects the intersection of international sanctions regimes with domestic legal proceedings in high-profile cases involving defense sector officials. The court’s consideration of these sanctions continues to shape the legal landscape surrounding Bulgakov and his associates.
Looking ahead, there is ongoing scrutiny around Bulgakov’s broader activities and potential involvement in other offenses. Prosecutors and investigators have signaled their intent to examine links beyond the immediate scope of the case, signaling a broader effort to map any additional conduct that could relate to the defense ministry and related government contracting.