Public Transport as a Private Money Machine

In Syktyvkar – the capital of the Russian region Komi – the largest company  in local public transport, Alpha-Trans, went bankrupt. That’s what happens in a market economy. Or is it?

The journalist Maxim Poliakov took a closer look and found an interesting scheme, where the busses transported money directly into the pockets of a small circle of businessmen and politicians.

He published his findings in the article  “Alpha (in a ) Trance. Who Is Making a Profit out off Syktyvar’s Public Transportation?” in the 7×7 journal on October 28, 2015.

Read the original article

Read the English translation