Russian military steals 65 mln USD from defense-allocated funds

18:52, October 28, 2010      

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Management of the funds allocated for Russia's defense spending has been adverse, and less than half of the funds stolen have been returned to the state coffers, Russian military Prosecutor General said on Thursday.

"The number of criminal attempts on the state funds does not go down," Sergei Fridinski told the meeting in the Military Prosecutor's office.

This year some 30,000 thefts have been committed by over 4,000 military officials, with the total sum hitting two billion rubles (65.3 million U.S. dollars), RIA Novosti news agency reported.

Prosecutors only managed to retrieve nearly half of the money stolen, Fridinski recognized, stressing the rampant corruption among the Russian military.

Russia's government increased military spending for 2011 by 20 percent.

Source: Xinhua

(Editor:张茜)

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