Страницы

Tuesday, November 19, 2019

Corruption

Russia corruption: Putin's pet space project Vostochny tainted by massive theft


Soyuz rocket launch at Vostochny cosmodrome, 5 Jul 19
Russia's new Vostochny space centre has lost at least 11bn roubles (£133m; $172m) through theft and top officials have been jailed.
So what went wrong with President Vladimir Putin's pet project?
Russia's Federal Investigative Committee (SK) says it is handling 12 more criminal cases linked to theft in this mega-project, which Mr Putin sees as a strategic priority for Russia, because of its huge commercial potential.
The longest jail term handed down so far was 11-and-a-half years for Yuri Khrizman, former head of state construction firm Dalspetsstroy.
Prof Mark Galeotti, a Russia expert at the Royal United Services Institute (Rusi), told the BBC the Vostochny scandal highlighted the scale of corruption in Mr Putin's huge state bureaucracy.
"How can you deal with it without declaring war on your own elite? He's not prepared to do that. This dependency on mega-projects almost invariably creates massive opportunities for embezzlement," Mr Galeotti said.

No comments:

Post a Comment