Moscow loses $257m over corruption-related crimes in 2016
Material damage of 2 billion rubles ($34m) has been repaid.
The Moscow Prosecutor's Office reported that the damage caused by corruption-related crimes recorded over 2016 amounted to 15 billion rubles. Material damage of 2 billion rubles ($34m) has been repaid voluntarily.
"The state of corruption-related crime is marked by increased incidence of reported crimes, from initially being 1164 to the current 1213 causing damage totaling 15 billion rubles", said the supervisory authority.
32.455 corruption-related crimes were prevented in 2015. Bribes accounted to 42% of them, with the average size of each being 212.000 rubles ($3600). 12.691 indictments have been rendered to 13.603 people.
State companies should report on assets, which they own in Russia through foreign subsidiaries - such directive was sent to them by the government. The authorities want to understand how widespread is this practice.
Zaryadye Park opened recently in the center of Moscow has replaced a demolished hotel and became a new tourism landmark of the Russian capital. It has also caused the destruction of historical architecture, enormous expenses, and acts of vandalism among its visitors.