Three senior managers were charged with embezzling $3.2 million allocated for the Glonass satellite navigation program, a spokesman for the Russian Investigative Committee said. Glonass, or Global Navigation Satellite System, which was officially launched in 1993, is Russia’s answer to the U.S. Global Positioning System. It provides real-time positioning and speed data for surface, sea and airborne objects with an accuracy of one meter. Read More
