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Who Will Pay The Price When Sochi Games End?

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http://uk.reuters.com/article/2014/02/20/us-olympics-putin-scapegoats-idUKBREA1J0A420140220

Even before Sunday's closing ceremony, contractors and investors in Russia's Winter Olympics are scrambling to make sure their books balance before President Vladimir Putin launches a face-saving audit of the Games.

After months of criticism over the record-breaking price tag and opposition allegations of fraud and corruption, Putin has signaled that reports of corruption, waste or abuse of funds will be investigated after the event, if there is evidence.

"A very large amount of money has been invested. Now is not the time to discuss whether it was worth it, or whether the prices were inflated or not. Let the supervisory bodies deal with that, and they will deal with it," Putin told Sochi city officials shortly after the Games began this month.

But instead of singling out the high-profile businessmen who splashed out to build glittering stadiums, hotels and a costly railway to the ski slopes, many Russians think he is more likely to look for scapegoats among local and lower-ranking officials.

..

Sochi mayor Anatoly Pakhomov and Alexander Tkachyov, the governor of the Krasnodar region that includes the Olympic city, may have cause to worry. But lower-level officials will probably be the ones to lose out.

"There will be punishments, because society demands it, so they'll find someone to punish," said Sergei Markov, a pro-Putin political analyst and director of the Institute for Political Studies in Moscow.

He said lowly "clerks" in business groups or local administrations were likely to be the scapegoats.

Looks like brown trouser time for the rank and file, meanwhile those who've walked off with the money get to spend their life in luxury.

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I wouldn't bank on this. The way Putin dealt with the oligarchs shows he is prepared to go after even the very richest.

Yes, like Roman Abramovich, who still spends most of his time in Russia.

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Yes, like Roman Abramovich, who still spends most of his time in Russia.

That is one name out of many. Now name all those oligarchs who have been either: i) imprisoned, ii) run out of Russia (numerous) or iii) killed.

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I wouldn't bank on this. The way Putin dealt with the oligarchs shows he is prepared to go after even the very richest. anyone who opposes him or presents a possible threat.

Corrected for you.

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