Estonia Blames Former Agency Head for Failed €70 Million Defense Investment

The current director of the Center for Defense Investments holds his predecessor accountable for mismanagement that led to the collapse of a major shell company deal.

2 Sept, 08:16 — 2 Sept, 08:16

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err-newsMostly Factual5h ago

Vaher: Former RKIK director is responsible for failed €70 million shell deal

The director general of the Estonian Center for Defense Investments (RKIK), Elmar Vaher, told ERR in an interview that former RKIK head Magnus-Valdemar Saar is responsible for the failed €70 million shell deal. RKIK employees failed to follow the necessary financial management principles, he believes.

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Estonia Blames Former Agency Head for Failed €70 Million Defense Investment

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Vaher: Former RKIK director is responsible for failed €70 million shell deal

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