Corruption & space

Russian space industry 'collapsing' following $1.8bn corruption scandal

Russia's federal space industry has been beset by corruption, "moral decay" and billions of dollars worth of financial violations, according to government officials. An investigation by Russia's public spending watchdog agency revealed that in 2014 alone 92 billion rubles ($1.8bn, £1.2bn) was misused by the Roscosmos space agency."At first I could not believe my inspectors," Tatyana Golikova, head of the watchdog agency, said on Friday (22 May).