Russian opposition member Alexei Navalny created a website to document the rampant corruption at the Sochi Olympics. The site is a map with clickable regions showing how illegal dumping, graft, inside dealing, and general sleaze caused billions of dollars to disappear into the pockets of Russian political elites and their mafiyeh buddies. The site was translated to English by the Interpreter, which notes:
As Navalny describes on his blog, the Fund designed the site because they were “sick of looking at how the numbers of Olympic construction projects were being juggled” by Russian officials. In particular, he referred to a statement by Vice Premier Dmitry Kozak that a total of 214 billion rubles was spent on the Olympics.
The main page of “Encyclopedia of Expenses” shows the calculation by which the overall expenditures on the Olympic Games came to 1.5 trillion rubles. This figure was obtained by combining the expenditures fro the federal budget on the sports facilities and infrastructure (822 billion rubles), the expenditures of state companies (343 billions), the loans provided by Vneshekonombank (249 billion), private investments (53 billion), and the budget expenditures of Krasnodar Territory (33 billion rubles).
The authors of the research further included in the total sum all the loans from Vneshekonombank (VEB), which the Olympic investors received, expecting that they would not be returned. This contradicts the statements of the bank itself that there are only loans totaling 190 billion rubles that possibly have to be restructured.
Navalny Presents Sochi Corruption Map
The Internet Archive’s Brewster Kahle writes, “We founded a credit union to build a new path after the banking debacle of 2008 and it’s been crushed by federal regulators. The regulators close 200-300 credit unions every year, and have been since their founding of the NCUA in 1970. Only a couple are allowed to start […]
A leaked recording made of a conference call posted by the Edison Electric Institute, which lobbies for the power industry, reveals lobbyists for high pollution companies talking about how they can exploit the Syrian refugee crisis to get a rider inserted into a pending bill that would kill the EPA’s Waters of the United States […]
The barb in trade agreements’ tail is the Investor State Dispute Settlement (ISDS) system, which lets companies sue governments to repeal rules that interfere with their profitability. It’s let tobacco giants fight anti-smoking campaigns, and now it’s letting fisheries attack rules aimed at preventing the wholesale slaughter of dolphins.
Today only in the Boing Boing Store we are offering an extra 15% off of the below VPN deals just use coupon code: VPN15 at checkout. proXPN VPN: Premium Lifetime Subscription Surf the web with ultimate peace of mind – both at home and on the road – over proXPN’s fully-encrypted, lightning-fast servers. Your lifetime premium subscription […]
These knitted gloves are here to save the day (and your hands) with an ultra-comfy, double-layer that will allow you to stay warm and use your phone. Now you can take photos on the fly, text, Tinder, and more without letting freezing temperatures get in your way. Plus they work with all touchscreens, so no […]
Store more on your Mac with this microSD memory card adapter.