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Third of Sochi Budget Swindled, Says IOC Member

Published: January 16, 2014 (Issue # 1793)



  • Gian-Franco Kasper, head of the International Ski Federation, has made accusations of money being stolen from Sochi's budget despite being allegedly implicated himself.
    Photo: Thomas Lohnes / AP

An International Olympic Committee member who alleged massive theft at the Sochi 2014 Winter Games in Russia should be taken to court over the comments, a leading Russian official said Wednesday.

Gian-Franco Kasper told Swiss radio last week that he believed up to a third of Sochi's estimated $50 billion budget for the Games had been siphoned off, pointing the finger at businessmen close to the Kremlin and to President Vladimir Putin.

The comments provoked a strong response from Vladimir Yakunin, the government-appointed head of Russia's vast state-run railway company and one of the country's most powerful men. Russian Railways is also a major Olympic investor and constructor in Sochi.

"Did [Kasper] take part in this theft? Then he should be judged," Yakunin said. "If he has received some sort of materials proving it's true, then put him on the stand, but otherwise you're a slanderer and you need to be judged according to the law."

With three weeks to go before the Olympic opening ceremony in Sochi, Yakunin's remarks could cause friction between the Russian government and the IOC. As head of the International Ski Federation, Kasper is expected to attend the Games.

Kasper is not the first to allege massive corruption in the Sochi construction process. Opposition figure Boris Nemtsov, a former minister, published a report last year that claimed up to half of the budget had been stolen.

Putin has said in the past that he expects "critical remarks" about corruption, but that the issue is confined to "financial institutions" and will not affect the smooth running of the Sochi Games.

The Olympics run from February 7 to 23.

See also:

Sochi Risks Fumbling its Olympic Tourism Opportunity

A Tale of Two Olympic Cities





 


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Thursday, Apr. 24


Learn more about Denmark during the Danish Business Delegation’s visit to SPIBA this evening starting at 5:30 p.m. at the Danish Culture Institute. Danish Consul general Klaus Sorensen will be in attendance and the buffet following a presentation on Danish companies in Russia will be the perfect opportunity to network with the assembled businessmen.


AmCham’s Human Resources Committee Meeting is scheduled for 9 a.m. this morning in their St. Petersburg office. Check their website for more details.



Friday, Apr. 25


Light Music presents the main events for their Cultural Kitchen project at Loft-Project Etagi today. A B2B event that focuses on Finnish food, arts, travel, music and design, the evening will conclude with a dinner by chef Jyrki Tsutsunen and dancing to music by Aino Venna. The event, which began yesterday with presentations by tourism and cultural institutions, concludes today with a preview of Finland’s Flow festival and other musical events. Invitations are available from www.culturalkitchen.fi.



Saturday, Apr. 26


At 6 p.m. this evening, stylist Liliana Modigliani offers 50 simple ways to up your style quotient with beauty tips at the Galeria shopping center on Ligovsky Prospekt. The event is part of the final day of the shopping mall’s Fashion Saturday sales event, this week focusing on top brands located on the ground floor as well as presentation from fashion experts on sprucing up your spring look.



Sunday, Apr. 27


Families shouldn’t miss Childhood Planet 2014, the trade fair that started yesterday and concludes today at LenExpo. Not only will goods and services be provided for children and families but the event hopes to promote Russian brands and eco-friendly products using the latest technology available in the childcare industry.



Monday, Apr. 28


The Hotel Indigo will be the site of SPIBA’s Acting Skills for HR and Other Managers master class this morning starting at 9 a.m. The event will begin with coffee before moving on to the class itself and conclude with a tour of the recently opened hotel. Confirm attendance by Apr. 24.



Tuesday, Apr. 29


Improve your English at the British Book Center’s Interactive English Lesson tonight at 6 p.m. Students at pre-intermediate and intermediate levels are welcome discuss topics that are selected to help learners master the more difficult aspects of English grammar and vocabulary.