The Russian Audit Chamber has found the Chukot Autonomous Area bankrupt after having audited the region, Audit Chamber auditor Sergey Ryabukhin declared at a news conference today. According to him, Chukotka's state debt was 9.3bn rubles (about $320m) on January 1, 2004, which was more than 2.5 times higher than the region's revenues that were 3.9bn rubles (about $134m) on January 1. Debts on a "gold credit" were 6.2bn rubles (about $213m) including fines.
Ryabukhin reiterated that the region received 15.8 tons of gold ($190m) in credits in 1994. According to budget legislation, debts must not exceed the amount of a region's own resources. Thus, the conclusion is that the region is bankrupt, he specified.
The Investigative Committee of the Russian Federation put the head of the contractor company of Russia's space corporation Roskosmos, Sergei Slastikhin, on international wanted list
"Washington operators of the sanctions machine ought to get acquainted with the history of Russia, to stop the unnecessary fussing," spokesperson for the Foreign Ministry said