A Fifth of Russia’s State Defence Spending Is Stolen Every Year

May 25th, 2011

Putin the Apostle? Putin the Apostle?

Via: Calgary Sun:

A fifth of Russia’s state defence spending is stolen every year by corrupt officials, dishonest generals and crooked contractors, Russia’s chief military prosecutor said in an interview published on Tuesday.

President Dmitry Medvedev says endemic corruption is holding back Russia’s development, but anti-bribery groups say the problem has become worse since Medvedev was steered into the Kremlin by his mentor Vladimir Putin in 2008.

“Huge money is being stolen – practically every fifth rouble and the troops are still getting poor quality equipment and arms,” chief military prosecutor Sergei Fridinsky told Russia’s official gazette, Rossiiskaya Gazeta. “Every year more and more money is set aside for defence but the successes are not great,” he said, adding that kickbacks and fictitious contracts were being used to defraud the state.

Fridinsky did not give specific figures, but Russia has set more than 1.5 trillion roubles ($53 billion) for national defence in its 2011 budget, indicating theft of more than $10 billion a year from the sector.

Research Credit: cptmarginal

2 Responses to “A Fifth of Russia’s State Defence Spending Is Stolen Every Year”

  1. mondocratic says:

    This is big news, but IMHO, the USA is even more corrupt and far more money has vanished into black bag projects the public knows nothing about, or the money just plain disappears with no sufficient explanation.

    First it was 1 trillion in the late 1990’s, then it was $2.3 TRILLION announced as “missing” from the Pentagon’s budget on Sept. 10th, 2001, the day before 9-11. Most who’ve studied the 100’s of inconsistencies of the 9-11 attacks, know that it was the exact section of the Pentagon where the team of accountants investigating the missing 2.3 trillion that exploded on 9-11. Not much was ever said about this. 99% of Americans still don’t know about this fact and I blame our media. I mean why wasn’t the reporting of the missing trillions not on every front page on the morning of 9-11?

  2. Kevin says:

    where the team of accountants investigating the missing 2.3 trillion that exploded on 9-11. Not much was ever said about this.

    The more people like me mentioned this, the more we were labeled as mentally ill conspiracy theorists, etc. by the mainstream media.

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