×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Fraud Breeding Terrorism

PYATIGORSK — Fraud and other financial machinations, not the absence of an ideology, is the real cause of terrorism and extremism in the North Caucasus Federal District, Alexander Khloponin, presidential representative to the region, said at a meeting Monday summing up results of prosecutors' work in the North Caucasus and Southern federal districts in the first half of this year.

"Everything that is happening in the North Caucasus, i.e. the breeding ground of terrorism and extremism, is less related to ideology and more related to divvying up financial resources available on the market," he said. The budget is damaged a lot by excise tax and VAT fraud, he said.

"The regional budget fails to collect about 8 billion rubles [$275 million] in excises, including those on alcohol. I have not seen any related criminal cases. The damage from VAT fraud is nearing 10 billion rubles," he said.

"All that funds extremism, banditry and terrorism," Khloponin concluded.


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more