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Tymoshenko: The authorities are stealing Olympic Stadium money before our very eyes

Posted by the Editor on December 28, 2010


News / 28 December 2010 | 12:50

Tymoshenko: The authorities are stealing Olympic Stadium money before our very eyes

Former Prime Minister Yulia Tymoshenko plans to appeal to the Office of the Prosecutor General of Ukraine (PGO) demanding that an investigation into the misuse of public funds in connection with the unjustified increase in financing for the construction of the Olympic National Stadium Complex in Kyiv.

“I will bring to the next interrogation an appeal regarding yet another crime that is currently being committed in Ukraine, namely the doubling of the cost estimate for building the Olympic National Stadium Complex in Kyiv in preparation for Euro-2012,” Yulia Tymoshenko told reporters after her latest interrogation at the PGO, Tymoshenko’s official website reports.

The former prime minister recalled that estimates for the cost of constructing the facility were considerably less while she was in office. “Our government was building the Olympic Stadium for 2.144 billion hryvnias. This government has upped the cost to 4.5 billion hryvnias. I’d like to ask what they’re doing with these extra 2 billion hryvnias because everyone knows they don’t need this much.”

Yulia Tymoshenko didn’t rule out that public funds are being laundered to private offshore accounts belonging to Yanukovych and his associates. “These are expenses that are being laundered through Cyprus into the private offshore accounts of senior officials. And this is all being done right before our eyes,” she stressed.

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