Champ Kind Posted December 30, 2015 Share Posted December 30, 2015 Russia's Investigative Committee on Wednesday launched a probe into the alleged embezzlement of 20 million rubles ($273,000) from the budget of the national basketball federation. Investigators said in a statement that the funds were allegedly embezzled through fictitious contracts with private entrepreneurs between February 2014 and August 2015. "The audit of the Russian Basketball Federation's financial and economic activity after the change of leadership is the reason for instituting criminal proceedings," the Moscow branch of the Investigative Committee said. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.