Millions go missing from World Cup stadium budget

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During the construction of a stadium in Kaliningrad, which will host the FIFA World Cup 2018, more than 752 million rubles (13 million USD) have been stolen. 

The owner of the company “Summa” Ziyavudin Magomedov and several people from his entourage are being investigated. The company Summa was the contractor for the government initiative at the first stages of the construction of the arena. Searches are being carried out at Magomedov’s home, as well as the apartments of his relatives and business partners.

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“Investigative actions were carried out in the framework of the theft of more than 752 million rubles in the construction of the stadium “Arena Baltica” in Kaliningrad for the World Cup, which will be held in the summer of 2018 in Russia,” a statement said.



Source Ruposters
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