http://www.buzzfeed.com/maxseddon/eye-popping-excerpts-from-a-report-alleging-corruption-at
"It's amazing how open they are about it," Navalny, who rose to prominence
exposing graft in state-run corporations before emerging as the leader of
an anti-Putin protest movement in winter 2011, told BuzzFeed by phone from
Moscow. "They start out with a low price, then drive it up once the
contract is guaranteed. Prices go up several times, and they bring in their
own subcontractors to do all the work."
The cost of the Olympic Stadium alone may have gone up by as much as 14
times. A construction company owned by Siberian politicians with no
experience building sports arenas built the hockey arena and bobsled course
at $260 million over market price. The company building the IOC's offices
only put up 14% of the total cost and isn't expected to pay back the rest
in state loans, but will still inherit the building after the Games.
Working out how much has been spent on the Olympics was "really
problematic," Navalny said, because the Russian government has not
published numbers since 2006. Putin has said that the Olympics themselves,
as opposed to infrastructure projects he insists Russia would have built in
Sochi anyway, only cost $6 billion, less than half of which comes from the
state budget.
"It's amazing how open they are about it," Navalny, who rose to prominence
exposing graft in state-run corporations before emerging as the leader of
an anti-Putin protest movement in winter 2011, told BuzzFeed by phone from
Moscow. "They start out with a low price, then drive it up once the
contract is guaranteed. Prices go up several times, and they bring in their
own subcontractors to do all the work."
The cost of the Olympic Stadium alone may have gone up by as much as 14
times. A construction company owned by Siberian politicians with no
experience building sports arenas built the hockey arena and bobsled course
at $260 million over market price. The company building the IOC's offices
only put up 14% of the total cost and isn't expected to pay back the rest
in state loans, but will still inherit the building after the Games.
Working out how much has been spent on the Olympics was "really
problematic," Navalny said, because the Russian government has not
published numbers since 2006. Putin has said that the Olympics themselves,
as opposed to infrastructure projects he insists Russia would have built in
Sochi anyway, only cost $6 billion, less than half of which comes from the
state budget.
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