23:49, 19 September 2019

Social network users associate inflows to Akhmat Kadyrov Foundation with requisitions

Ramzan Kadyrov. Photo: REUTERS/Christopher Pike

Users of social networks mentioned mandatory donations from public sector employees and entrepreneurs among sources of funding for the Akhmat Kadyrov Foundation, which assets increased by more than 1.5 times over the year.

The "Caucasian Knot" has reported that in 2018, the Akhmat Kadyrov Foundation increased its assets through donations by almost 1.5 billion roubles, up to 3.68 billion roubles, and that is more than eight times higher than the amount of the official reserve funds of the Chechen Republic. Meanwhile, the Akhmat Kadyrov Foundation, which owns large enterprises, has shown no income from entrepreneurial activity, the "Open Media" reported.

The Akhmat Kadyrov Foundation was created in 2004. It is headed by Aimani Kadyrova, the widow of Akhmat Kadyrov, and Chechen leader Ramzan Kadyrov is the chairman of its board of trustees. According to Ramzan Kadyrov, Allah gives money to the republic. All public sector employees of Chechnya are to transfer about 10% of their incomes to the Akhmat Kadyrov Foundation every month.

Social network users recalled the sources of funding for the Akhmat Kadyrov Foundation. In Chechnya, entrepreneurs have to transfer part of their money to the Akhmat Kadyrov Foundation, reports on Facebook user Milena Isaeva, in particular.

"He could not have taken money from teachers, since they get so little salaries," Ruslan Aliev wrote under a post on the "Kavkaz.Realii" YouTube channel.

This article was originally published on the Russian page of 24/7 Internet agency ‘Caucasian Knot’ on September 19, 2019 at 03:33 pm MSK. To access the full text of the article, click here.