Russian Auditor Finds $12Bln in Government Spending Violations
Russia’s public finance watchdog has uncovered 772.7 billion rubles ($12.12 billion) in government spending violations last year. The volume of total violations has decreased substantially from 1.87 trillion rubles in 2017 as detections increased by 43 percent, the RBC news website reported Tuesday. Procurement accounted for the highest share of budget violations at 294.6 billion…