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Police Raid Company Working On 2014 Sochi Olympics

The Bolshoi Ice Dome, one of the venues for the 2014 Winter Olympics
SOCHI, Russia -- Armed and masked police have searched the offices of a company involved in developing sports facilities for the 2014 Winter Olympics in the Russian city of Sochi.

The general director of the Mostovik Construction Company, Oleg Shishov, told journalists that police blocked off the whole area surrounding his company's offices on May 23.

An RFE/RL correspondent said he saw law-enforcement officers seizing company documents.

Shishov denied reports that the search might be connected with an investigation launched last year into allegations that company executives embezzled 2 billion rubles ($64 million).

According to Shishov, the search has nothing to do with the earlier investigation.

Sochi will host the 22nd Winter Olympics in February 2014.

Russia's Finance Ministry is providing funding worth billions of U.S. dollars for the development and hosting of the Olympics.