Wednesday April 8, 2020

Putin buddy gets €5.7bn deal in most expensive Olympics

Arkady Rotenberg, the boyhood friend and former judo partner of black-belt President Vladimir Putin, already is collecting his winnings from what promises to be the most expensive Winter Olympics ever next year.

19th March, 2013
Vladimir Putin, Russia's president, visits the Winter Olympics facilities in Sochi, Russia, in February.

Arkady Rotenberg, the boyhood friend and former judo partner of black-belt President Vladimir Putin, already is collecting his winnings from what promises to be the most expensive Winter Olympics ever next year.

Rotenberg’s companies have been awarded at least 227 billion rubles (€5.7 billion) of contracts for the 2014 Sochi Games, according to figures compiled from corporate and government filings. That’s more than the entire budget for the 2010 Vancouver Olympics, though it represents just...

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