Olympic spending to be investigated, Putin says

Updated Feb. 10, 2014 at 5:16 PM

SOCHI, Russia, Feb. 10 (UPI) -- Spending on infrastructure for the Sochi, Russia, Winter Olympics will be investigated, Russian President Vladimir Putin said Monday.

"Let the supervisory bodies deal with this," he said at a meeting of the city's public counsel without specifying which organizations would investigate the expenditures. "They will sort it out."

Putin noted Sochi undertook numerous building projects in preparation for the Olympics.

The Kremlin has said it only spent $5 billion to $7 billion on Olympic preparation not related to infrastructure.

International media has criticized Russia for spending an estimated $50 billion on the event, with some reports saying as much as $30 billion of the total was embezzled, the Russian news agency RIA Novosti reported Monday.

Related UPI Stories
Latest Headlines
Trending Stories
Alabama football: Crimson Tide host Arkansas, hope to continue momentum from Georgia game
St. Louis Rams' Stedman Bailey fined for 'sleeping' on the job
Toronto Maple Leafs lose in Mike Babcock's debut, earn Montreal Canadians' respect
Johnny Manziel's grandfather loses home in 'suspicious' fire