: :inin Kyiv (EET)

The ‘Emperor’ Has No Clothes


A sanctioned friend of Vladimir Putin, the businessman Arkady Rotenberg, has frozen construction on the Kerch channel bridge, due to a lack of financing. Forbes Russia reports the contracting company, Rotenberg’s Stroygazmontazh, did not received a scheduled money transfer from the budget and doesn’t have the capital to continue constructing the bridge that would connect annexed Crimea to its new homeland’s terra firma.Last time Stroygazmontazh received money was in December of last year, totaling 48.9 billion rubles ($740 million). That’s all they have reportedly received for the year. The company cannot buy expensive equipment and continue construction works, the Stroygazmontazh …read more

Source: The American Interest

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