Sunday, 22 Jun 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > Russian ex-minister says invasion of Ukraine is stalling because officials stole from military budget for ‘mega-yachts in Cyprus’
World

Russian ex-minister says invasion of Ukraine is stalling because officials stole from military budget for ‘mega-yachts in Cyprus’

Enspirers | Editorial Board
Share
Russian ex-minister says invasion of Ukraine is stalling because officials stole from military budget for ‘mega-yachts in Cyprus’
SHARE
abandoned Russian vehicle

A member of the Ukrainian Territorial Defence Forces outside Ukraine’s second-biggest city of Kharkiv on March 7, 2022.SERGEY BOBOK/AFP via Getty Images

  • Andrey Kozyrev laid out reasons why Putin may have misjudged his invasion of Ukraine.

  • He says Putin overestimated Russia’s military, not realizing its budget had been embezzled.

  • Russia’s invasion of Ukraine has stalled amid tough Ukrainian resistance.

A former Russian foreign minister claimed that widespread corruption is among the reasons for the Russian military’s apparently poor performance in the invasion of Ukraine.

Andrey Kozyrev, who served as foreign minister under President Boris Yeltsin in the 1990s, put forward what he said were misjudgments made by President Vladimir Putin in ordering the invasion.

In the thread, he claims Putin overestimated the Russian military, which he dedicated billions of dollars to modernizing. But this money, Kozyrev claimed, may have been lost to Russia’s endemic corruption.

“The Kremlin spent the last 20 years trying to modernize its military. Much of that budget was stolen and spent on mega-yachts in Cyprus. But as a military advisor you cannot report that to the President. So they reported lies to him instead,” wrote Kozyrev.

Cyprus has long been a favored destination for Russian officials seeking to launder money, and was infamous for its long-running “golden passport” scheme that until 2020 allowed rich foreigners to effectively EU buy citizenship.

Transparency International ranks Russia as one of the world’s most corrupt countries, putting it 130th of 176, with a particular problem in its defense sector.

Polina Beliakova, an expert at Tufts University, wrote in Politico, that rampant corruption meant Russian troops were going into battle in Ukraine with out-of-date rations, faulty equipment, and inadequate fuel supplies.

According to western officials, Putin expected the invasion of Ukraine to be ended swiftly and successfully.

But instead it stalled, with the the capital, Kyiv, still in Ukrainian control, Russia having failed to establish air superiority, and casualties mounting amid stiff Ukrainian resistance.

Kozyrev appeared to be reacting to speculation about Putin’s state of mind before launching the invasion.

Some officials and commentators claimed there was no rational explanation for the invasion, and that Putin’s judgment may have been hampered by his long self-imposed isolation during the COVID-19 pandemic.

Some wondered whether he was unhinged enough to launch nuclear weapons if cornered.

But Kozyrev, whose stint as foreign secretary came as Russia sought closer ties with the West after the collapse of the Soviet Union, said he believes Putin is instead a rational decision-maker who had poor assumptions that led him into an error.

He said that Putin likely believed his own propaganda about Ukraine not being a real nation, which he highlighted when seeking to to justify the invasion.

Kozyrev also said he underestimated the unity of the West, which responded to the attack with sanctions that have been crippling the Russian economy.

“So, in my opinion, he is rational. Given that he is rational, I strongly believe he will not intentionally use nuclear weapons against the West,” Kozyrev said.

Read the original article on Business Insider

Share This Article
Twitter Email Copy Link Print
Previous Article Sudan group: Tribal violence in Darfur has killed 16 people Sudan group: Tribal violence in Darfur has killed 16 people
Next Article U.S. estimates 2,000 to 4,000 Russian troops killed in Ukraine war U.S. estimates 2,000 to 4,000 Russian troops killed in Ukraine war

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Exes Christina Haack and Tarek El Moussa announce end of ‘Flip or Flop’: ‘It’s been a wild ride to say the least’

Flip or Flop co-hosts Christina Haack and Tarek El Moussa, who split in 2016, announce…

By Enspirers | Editorial Board

Gucci Mane’s Ex-Protege Rapper Enchanting Lifeless At 26, He Sends Tribute

Enchanting -- the Texas-born feminine rapper who was as soon as positioned to be the…

By Enspirers | Editorial Board

Rip up our red tape and we’ll cancel deals with UK, EU’s Brexit chief warns

Maros Sefcovic - ReutersBrussels is ready to rip up a series of lucrative mini-deals with…

By Enspirers | Editorial Board

EXp Realty provides 65-agent St. Louis brokerage to its roster

Three-year-old indie brokerage Delhougne Realty Group has joined eXp. The brokerage’s 65 brokers closed $353.33…

By Enspirers | Editorial Board

You Might Also Like

Information reside: Wong says Australian authorities helps US strikes on Iran’s nuclear services however warns in opposition to all-out conflict
World

Information reside: Wong says Australian authorities helps US strikes on Iran’s nuclear services however warns in opposition to all-out conflict

By Enspirers | Editorial Board
Iran says US ‘must receive a response’ after Trump’s strikes on nuclear websites
World

Iran says US ‘must receive a response’ after Trump’s strikes on nuclear websites

By Enspirers | Editorial Board
US request to UK over Iran would have raised authorized questions, ex-adviser says
World

US request to UK over Iran would have raised authorized questions, ex-adviser says

By Enspirers | Editorial Board
Campaigners look to Historic England to save lots of Black British website Bridge Park in London
World

Campaigners look to Historic England to save lots of Black British website Bridge Park in London

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?