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...untangle. The main mystery is where the party stashed its fortune, estimated to be as much as $176 billion. Two official inquiries are under way -- one by the Russian parliament, which is probing party involvement in the Aug. 19 putsch, and another by Russia's prosecutor general, Valentin Stepankov. So far, little light has been shed on the whereabouts of the vanished loot. But the source appears indisputable: the Soviet treasury. "The party did not see any difference between its budget and that of the state," says Nikolai Fedorov, justice minister of the Russian Federation. "Tens of millions of dollars...

Author: /time Magazine | Title: Desperately Seeking Rubles | 11/4/1991 | See Source »

...seventh floor of -- appropriately -- a luxury Moscow apartment building set aside for top party officials. As the Central Committee's general affairs officer, Kruchina had been in charge of the party's billions and would have known of irregularities, if not actually been involved in them. Valentin Stepankov, chief prosecutor of the Russian Federation, said officials interviewed Kruchina about party financial affairs shortly before his death. "He seemed to have reason to be nervous," said Stepankov...

Author: /time Magazine | Title: The Party Is Over | 9/9/1991 | See Source »

...minute money dealings might be an attempt to bankroll an illegal underground party of anti-reform, communist hard-liners, something like the small but disciplined Bolshevik party that Lenin led to power in the October Revolution of 1917. "We do not have any valid information to that effect yet," Stepankov said. "But I have instructed my investigators to be on special alert for any documents on financial dealings and put them aside for special investigation...

Author: /time Magazine | Title: The Party Is Over | 9/9/1991 | See Source »

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