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Corruption by Russian President Vladimir Putin and his administration in Moscow has produced tens of billions of dollars worth of illicit funds for the Russian leader and his top aides, according to U.S. officials.
Putin is estimated to have amassed a fortune worth at least an estimated $28 billion through kickbacks from projects like construction at the Sochi Winter Olympic games, holdings in Russian real estate and energy conglomerates, and kickbacks from deals with associates going back to the late 1990s.
Russia is a corrupt, autocratic kleptocracy centred on the leadership of Vladimir Putin, in which officials, oligarchs and organised crime are bound together to create a "virtual mafia state", according to leaked secret diplomatic cables that provide a damning American assessment of its erstwhile rival superpower. Arms trafficking, money laundering, personal enrichment, protection for gangsters, extortion and kickbacks, suitcases full of money and secret offshore bank accounts in Cyprus: the cables paint a bleak picture of a political system in which bribery alone totals an estimated $300bn a year, and in which it is often hard to distinguish between the activities of the government and organised crime.
andr3w68
The according to US officials part is what throws me... are you sure that they are not just saying this to try and make the masses side with them in their hatred for Putin?
Russia will not import GMO products, the country’s Prime Minister Dmitry Medvedev said, adding that the nation has enough space and resources to produce organic food.
Corruption through Gazprom is known by the euphemism, according to the Russian opposition study, as “value detraction” and was estimated to be 70 percent of the capital expenditure.
AzureSky
Corruption is rampant in all our governments it seems.
2.5 trillion missing from the pentagon (don't forget, where did it go?)
Funding the toppling of governments.
Voter fraud.
Its all a giant network of gangsters.
Dimithae
reply to post by greencmp
I have been doing a bit of reading about Russia as of late,with all that is going on currently.The money left over from Sochi has been earmarked for other projects now I've read. It is being used to the new Gym for the people to get Russians to be healthier.So if the money was missing or taken,then how could it show up for that?
greencmp
AzureSky
Corruption is rampant in all our governments it seems.
2.5 trillion missing from the pentagon (don't forget, where did it go?)
Funding the toppling of governments.
Voter fraud.
Its all a giant network of gangsters.
Yes, and it/they will always be, regardless of ideology. Hopefully everyone is beginning to understand that smaller less powerful government is in the best interests of all men.