Posts Tagged ‘Impunity Watch’
FORMER RUSSIAN FINANCE MINISTER ‘EXPLAINS’ WHY $1 BILLION WENT MISSING
By Alexandra Halsey-Storch
Impunity Watch Reporter, Europe
MOSCOW, Russia–On Wednesday April 11, 2012 the Former Russian Finance Minister, Alexei Kudrin, attempted to set forth an explanation as to why $1 billion was stolen from the Russian budget while under his supervision between 2006 and 2010.
Former Finance Minister, Alexei Kudrin (Photo Curtesy of The Telegraph)
Kudrin claimed that by no fault of his own was this money stolen. Strangely, and perhaps even unbelievably, “Employees of the Treasury cannot challenge the appropriateness of [the illegal approvals of tax refunds for millions of dollars]. Neither the leadership of the Treasury, nor, especially, the leadership of the Ministry of Finance interfere in this process.” In other words, it simply was not part of Kudrin’s duty as a Finance Minister to protect the funds.
Kudrin went on to state that, “neither the Ministry of Finance, nor I, at that time as Minister of Finance and Deputy Prime Minister, had the authority [to investigate the thefts].”
Despite not being able to investigate the crime, Kudrin was aware of the illegal actions taking place. In August 2008, and again on October 13, 2009, Hermitage Capital—an investment fund that has invested about $4 billion in Russia— contacted Kudrin and provided detailed evidence of the tax official’s involvement in the thefts.
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To learn more about what happened to Sergei Magnitsky please read below
- Sergei Magnitsky
- Why was Sergei Magnitsky arrested?
- Sergei Magnitsky’s torture and death in prison
- President’s investigation sabotaged and going nowhere
- The corrupt officers attempt to arrest 8 lawyers
- Past crimes committed by the same corrupt officers
- Petitions requesting a real investigation into Magnitsky's death
- Worldwide reaction, calls to punish those responsible for corruption and murder
- Complaints against Lt.Col. Kuznetsov
- Complaints against Major Karpov
- Cover up
- Press about Magnitsky
- Bloggers about Magnitsky
- Corrupt officers:
- Sign petition
- Citizen investigator
- Join Justice for Magnitsky group on Facebook
- Contact us
- Sergei Magnitsky