January 3, 2014

Waste and Corruption at Putin's Olympics

Joshua Yaffa, Bloomberg Businessweek

The Associated Press

The new road and railway to Krasnaya Polyana, the mountain resort that will host the ski and snowboard events of the Sochi 2014 Winter Olympics, start in Adler, a beachfront town that has become a boisterous tangle of highway interchanges and construction sites. A newly opened, glass-fronted train station—the largest in Russia—sits like a sparkling prism between the green and brown peaks of the Caucasus Mountains and the lapping waves of the Black Sea.

The state agency that oversaw the infrastructure project is Russian Railways, or RZhD. The agency’s head is Vladimir Yakunin, a close associate of Vladimir Putin.

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TAGGED: Vladimir Putin, Sochi Olympics, Corruption

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