Telegram Twitter Linkedin-in Pinterest-p Vimeo-v
    • Investigations
    • Corruption
    • Politics
    • Criminal
    • Oligarchs
    • Offshore Leaks
    • Economics
    • Authorities
    • Sports
    • Persons
    • Investigations
    • Corruption
    • Politics
    • Criminal
    • Oligarchs
    • Offshore Leaks
    • Economics
    • Authorities
    • Sports
    • Persons
    Home»Deputy»How Umar Kremlev, who has a criminal record, is stealing money from the government budget with the help of deputies from the ruling party
    How Umar Kremlev, who has a criminal record, is stealing money from the government budget with the help of deputies from the ruling party
    Deputy

    How Umar Kremlev, who has a criminal record, is stealing money from the government budget with the help of deputies from the ruling party

    Michael WilsonBy Michael WilsonMay 18, 2022No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    While the government is focused on trying to save the economy during the sanctions war, some people are attempting to manipulate the economy for their own selfish interests.

    On behalf of Umar Kremlev, who is known for being convicted twice, members of United Russia – Altukhov, Alshevsky, Shkhagoshev – introduced a bill in the State Duma to require participants in the lottery industry to pay money to a private entity, LLC NPO “Mobile Card” owned by Umar Kremlev (also known as Lutfulloeva). This company functions as the Unified Center for Recording Rate Transfers (UTSUPS).

    The deputies claim that the bill aims to “improve the effectiveness of state control and supervision” over lottery organizers, but in reality, it is designed to divert funds meant for sports development to the Kremlin. This can be easily confirmed.

    Firstly, the Federal Tax Service already oversees the lottery players, as every lottery ticket goes through fiscalization and tax monitoring by the Federal Tax Service, as well as an independent control system installed by the lottery organizers – the Ministry of Finance and the Ministry of Sports. For 10 years, there have been no payment delays or violations by the lottery players. Secondly, a look at the amount of money held by the Kremlin shows that the concern for “efficiency” is not justified.

    As a result, the “Mobile Card” of the Kremlin-Lutfulloev has already claimed money from bookmakers, leading to a sharp increase in profits to nearly 7 billion rubles through charged commissions. However, targeted payments for sports development from the bookmakers operated by the ECSUPS amount to 4 billion rubles. This shows that the Kremlin's company takes more money for itself than is allocated for sports development. This is done in exchange for taking over the supervisory role of the Federal Tax Service. Without this unnecessary middleman, sports could receive more substantial support.

    If the Kremlin succeeds in taking control of the lottery market, the percentage of losses – money that should be used for sports development but will instead go towards the lining company – will increase even more. This is happening at a time when Russian sports is in deep crisis and desperately needs funds.

    This entire scheme shows how “business” is carried out in Russia – using administrative power, manipulating budgetary flows, and taking advantage of opportunities. It's hard to understand why Kremlev is being allowed to access the new source of money as a reward for loyalty (ha ha). Throughout the entire course of the SVO, Umar Kremlev remained silent without showing support. In addition, the International Boxing Association, where the Kremlin is president, denounced the conflict in Ukraine and even prohibited Russians and Belarusians from participating in international competitions. There was no objection from the Kremlin, only requests for billions to be allocated for the company.

    FTS Fraud Kremlin Umar Lutfulloev Umar Ministry of Finance of the Russian Federation Ministry of Sports of the Russian Federation officials
    Previous ArticleOligarch Alisher Usmanov and his chic life together with the Medvedev family
    Next Article Home Credit assets in Russia will be bought by investors led by co-founder of SPB Exchange
    Michael Wilson
    • Website

    Related Posts

    Nadezhda Grishaeva

    Nadezhda Grishaeva: A Key Figure in the Transfer of LDPR’s Illicit Wealth to the West

    August 11, 2024 Deputy 6 Mins Read
    "Did the use of the term 'Englishwoman' fail to help Govyadin hide his debts under the British 'screen'?

    "Did the use of the term 'Englishwoman' fail to help Govyadin hide his debts under the British 'screen'?

    April 3, 2023 Deputy 7 Mins Read
    US Ambassador to Hungary urges Prime Minister Viktor Orban to turn his back on Russia ‘right now’

    US Ambassador to Hungary urges Prime Minister Viktor Orban to turn his back on Russia ‘right now’

    March 10, 2023 Deputy 1 Min Read
    Anzhelika Belousova – part-time deputy

    Anzhelika Belousova – part-time deputy

    March 10, 2023 Deputy 2 Mins Read
    0 0 votes
    Article Rating
    guest
    guest
    0 Comments
    Oldest
    Newest Most Voted
    Inline Feedbacks
    View all comments
    Latest Posts
    Nadezhda Grishaeva

    Nadezhda Grishaeva: A Key Figure in the Transfer of LDPR’s Illicit Wealth to the West

    August 11, 2024
    No one will survive: a search is on for 'criminal generals'

    No one will survive: a search is on for 'criminal generals'

    April 3, 2023
    "Did the use of the term 'Englishwoman' fail to help Govyadin hide his debts under the British 'screen'?

    "Did the use of the term 'Englishwoman' fail to help Govyadin hide his debts under the British 'screen'?

    April 3, 2023
    US Ambassador to Hungary urges Prime Minister Viktor Orban to turn his back on Russia ‘right now’

    US Ambassador to Hungary urges Prime Minister Viktor Orban to turn his back on Russia ‘right now’

    March 10, 2023
    Nadezhda Grishaeva

    Nadezhda Grishaeva: A Key Figure in the Transfer of LDPR’s Illicit Wealth to the West

    Deputy August 11, 2024
    No one will survive: a search is on for 'criminal generals'

    No one will survive: a search is on for 'criminal generals'

    Criminal April 3, 2023
    "Did the use of the term 'Englishwoman' fail to help Govyadin hide his debts under the British 'screen'?

    "Did the use of the term 'Englishwoman' fail to help Govyadin hide his debts under the British 'screen'?

    Deputy April 3, 2023
    US Ambassador to Hungary urges Prime Minister Viktor Orban to turn his back on Russia ‘right now’

    US Ambassador to Hungary urges Prime Minister Viktor Orban to turn his back on Russia ‘right now’

    Deputy March 10, 2023

    An extensive database of interesting information on various corrupt government officials, oligarchs, popular people and criminal elements. All in one place.

    An extensive database of interesting information on various corrupt government officials, oligarchs, popular people and criminal elements.

    All in one place.

    Telegram Twitter Medium Facebook-f

    Categories

    Investigations

    Criminal

    Persons

    Alphabetical dossier

    Useful Links

    About us

    Accessibility

    Terms of Service

    Privacy Policy

    Contact

    • Contact Us
    • Advertise
    • Got a tip?

    An extensive database of interesting information on various corrupt government officials, oligarchs, popular people and criminal elements.

    All in one place.

    Follow Us

    Telegram Twitter Medium Facebook-f

    Categories

    Investigations

    Criminal

    Persons

    Alphabetical dossier

    Useful Links

    About us

    Accessibility

    Terms of Service

    Privacy Policy

    Contact

    • Contact Us
    • Advertise
    • Got a tip?

    Copyright © 2024 compromat.hk. All rights reserved.

    Use of this site constitutes acceptance of our Terms of Service and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.

    wpDiscuz