Corruption at the 2014 Winter Olympics

by Kindsey on January 27, 2014 - 1:38pm

In the article published on January 27th, "Russian Activist Alexei Navalny Publishes Data pointing to Corruption at Sochi Olympics" by Nataliya Vasilyeva, it is unveiled that even though Winter Olympics hosts less athletes than the summer ones, the 2014 Winter Olympics are proving to be the most costly Games of all time, about $51 billion worth. More than the double of the money actually needed was spent on building 10 of the venues. As a response to this current situation, president, Vladimir Poutine refuses to accept the possibility of corruption stating that all this extra spending is an error made by investors and businessmen who undervalued the construction costs. However, the worst in all of this is that some of the money has gone missing; it was not spent on the erection of the Olympic Village or venues and probably lost forever.

                While there are already three criminal investigation pending against some employees of the managing company Olympstroi, there is definitely more that can be done to put an end to this corruption. Alexei Navalny has definitely taken the first steps to improve this situation and finding the scam artist by creating his website Sochi fbk, but more should be done. If president Poutine could admit corruption, this would likely make this situation a whole lot easier to deal with. For more information on the excessive costs of this year’s Games: http://sochi.fbk.info/en/.

Comments

$500 million in unreasonable costs is ridiculous! Having an event for 2 weeks for $51 billion sounds like a waste in my opinion.

I definitely agree, this kind of money spent on an event is ridiculous. However, even more so, the scandal and cheating of the judges. I personally watched the women's skating and I don't believe that the Russian skater should have won, this seemed as though it was fixed.
When a country has been known for cheating, they should be barred hosting the Olympics.

I personally think it is crazy how much money and time is spent on this event. The Olympics should be a time where different countries are able to compete against one another and receive recognition for their talents and strengths, not waste a whole lot of money on just the building of the venues. I think it's even more disgusting that President, Vladimir Poutine denied to accept the responsibility of spending this money and rather pinned it on inventors and businessmen who just so happened to undervalue the construction costs. And also some of the cash from the event has even gone missing and three criminal investigations are pending against the managing company.

I agree with you that the Olympics are not what they used to be. Today, they are just spending matters whereas before, they used to bring out competition between countries. The entire point of the Olympics was to put in hiatus all wars between the countries and bring out competition. I’m looking forward to see what you will be doing as your business project and if it will be related to sports.

Corruption at the 2014 Winter Olympics
Kindsey
NewsActivist Winter 2014
This title grabs my eye and pulled me in to reading the article because it is an issue I have wondered to myself. Personally, if it is true that the games are corrupted; how would we discover this because there is money and power involved? When those two aspects are influencing our lives there are most of time consequences to follow. If it is possible to spend this outrageous amount of money and then no one traces it accurately to avoid corruption; then what is there to think that corruption isn't happening right insight. When a powerful figure is accused of being involved with the crime of corruption, then of course it will be denied because their going to be the one charged and in trouble along with shame.

I agree, spending $51 billion on an Olympics event is unreasonable. Although people are interested in this event because it brings out talents from different countries, there is no reason to spend so much money on different venues, $51 BILLION. I don’t think there could be any correct reason for spending so much money on an event. It is completely a waste of money and clear corruption.

I agree, spending $51 billion on an Olympics event is unreasonable. Although people are interested in this event because it brings out talents from different countries, there is no reason to spend so much money on different venues, $51 BILLION. I don’t think there could be any correct reason for spending so much money on an event. It is completely a waste of money and clear corruption.

I agree as well. that $51 billion is a lot of money. So much could have gone to a better cause, especially since they raised nearly double of what they thought they needed. I wonder how much went "missing" and how they managed to raise so much extra. If this gets around, someone is going to go down for this corruption eventually.

I agree as well. that $51 billion is a lot of money. So much could have gone to a better cause, especially since they raised nearly double of what they thought they needed. I wonder how much went "missing" and how they managed to raise so much extra. If this gets around, someone is going to go down for this corruption eventually.

About the author