Support The Moscow Times!

$19Bln of 'Violations'

The Audit Chamber uncovered 580 billion rubles ($19 billion) in spending “violations” from the 2010 federal budget, RIA-Novosti reported, citing watchdog chief Sergei Stepashin.

Some of the misspent money involved the Russian delegation to the 2010 Winter Olympics in Vancouver and state farm bank Rosselkhozbank, the state-run news service cited Stepashin as telling President Dmitry Medvedev on Monday, without providing any more details immediately.


Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

Please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world's largest country.