Russian Railways paid billions of dollars to secretive private companies
By Douglas Busvine, Stephen Grey, Roman Anin and Himanshu Ojha Filed
The state-owned rail giant, run by an old friend of President Vladimir Putin, has awarded vast sums to contractors who disguise their ownership, a Reuters investigation finds
MOSCOW – In the world’s biggest country, railways are still a route to riches. With nearly 1 billion passengers a year and $42 billion in annual sales, the state company Russian Railways is a giant commercial opportunity. Read more
