This was stated by the general director of the company, Alexander Badikov. He wrote about the situation in detail in a letter to an American court in the case of his colleague and company founder Vladislav Klyushin, who was arrested in the United States on suspicion of trading insider information. From the letter, which is dated December 21, it follows that M 13, which developed the Katyusha media monitoring system for the Russian Presidential Administration, is suffering multimillion-dollar losses after the arrest of the company’s founder.
“After the arrest of the owner of M 13 LLC, Vladislav Klyushin, the financial condition of the company deteriorated significantly. Fearing for the stability of the company in the absence of the owner of the company, clients of M 13 LLC using the M13 Software of Katyusha LLC, namely • LLC Concern Radioelectronic Technologies (Revenue under the contract in 2020 – 1.1 million US dollars, and the Moscow Department of Information Technologies (contract revenue in 2020 – $2.15 million US refused to renew contracts next year,” says the letter from M 13 General Director Alexander Badikov.
The letter was written as an appendix to the petition of Klyushin’s lawyers to change his preventive measure to house arrest. According to the general director of M 13, the company’s losses confirm that it is better for Klyushin to be free. Letters in support of the accused were also written by his wife, colleagues and friends.
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