Posted on 02/12/2004 9:36:26 AM PST by knighthawk
MOSCOW. Feb 12 (Interfax) - The Federal Security Service and audit agencies have prevented $40 million in foreign loans from being used to fund Chechen rebels.
"A Russian commercial organization that has contacts with a number of rebel ringleaders wanted to obtain the foreign loans," Federal Security Service Deputy Director Yury Zaostrovtsev said at the 6th conference of the Association of Russian Audit and Controlling Agencies.
The Federal Security Service and the Audit Chamber prevented the misuse of 2.4 billion rubles in 2003. The funds were allocated for the economic and social rehabilitation of Chechnya, economic programs in south Russia and the development of the Kaliningrad region through 2010.
He said criminal proceedings had been instituted for the misuse of 125 million rubles. The information about the misuse came from controlling and investigative agencies. Violations of the budget and civil codes and presidential and governmental resolutions were exposed in Chechnya, Zaostrovtsev said.
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