Statement from ROSATOM in Response to the Arrest of Vadim Mikerin in Maryland, USA

MOSCOW, November 6, 2014 /PRNewswire/ --

ROSATOM has been informed that Vadim Mikerin, the Director General of TENAM USA, was among a group of US-based individuals charged by the District Attorney in Maryland with conspiracy to commit extortion. This followed an investigation by the US Department of Energy and the FBI into contracts awarded over a number of years by TENAM USA to Maryland-based Transport Logistics International, Inc. (TLI).

ROSATOM has a zero-tolerance policy on corruption in all of its national and international activities, and in the interests of justice, would welcome the opportunity to contribute to enquiries into the alleged American fraud, including through representation at any court proceedings. So far the company has at no point been contacted by any US agency in relation to the case. ROSATOM has meanwhile launched its own internal investigation into the historic relationship between TENAM USA and TLI.

About ROSATOM 

ROSATOM is the only company in the world to offer integrated solutions across the nuclear supply chain, including the design, build and operation of nuclear power stations, the supply of nuclear fuel, decommissioning, and safe nuclear waste disposal. With seventy years' continuous experience, the company is the world leader in high -performance solutions for all kinds of nuclear power plants. Headquartered in Moscow, the company has 350 subsidiaries and over 250,000 employees based across the world. Globally, the company has the second biggest uranium reserves, has 40% of the world's enrichment market, and is the world's biggest builder of nuclear power stations. 

SOURCE ROSATOM