Ukraine admits: “We lost over €300,000 from the Eurovision budget to fraud”

The Ukrainian State Audit Office has revealed that, due to fraud and “financial irregularities”, over €300,000 from the Eurovision 2017 budget was lost.

The 11,400,000 Ukrainian Hryvnia, (about €364,000) was lost through some shady contracts. 2,800,000 UAH was lost due to “excessive spending” by contractors, while the remaining 8,600,000 UAH was lost through “accounting irregularities”.

Millions of Euros more lost to other Eurovision contracts

Furthermore, another 400,000,000 UAH (almost €13 million) was lost after contracts were not correctly processed. For example, one company that won a contract for Eurovision 2017 to supply metal detectors for the venue for 2,700,000 UAH. However, it has now transpired that they went on to sell the contract to another company for 1,200,000 UAH, leaving the original contract winner with 1,500,000 UAH.

The State Audit Office of Ukraine has passed the evidence on to law enforcement agencies in Ukraine who will decide if and how to punish the people behind this.

Eurovision Song Contest 2017

The Eurovision Song Contest 2017 was the 62nd edition of the contest. It took place in Kyiv, Ukraine, after Jamala won the 2016 contest with 1944. It was the second time that Kyiv hosted to contest, after first hosting it in 2005.

Salvador Sobral won the contest for Portugal with his song Amar Pelos Dois, which his sister, Luísa Sobral, wrote. Portugal won with a whopping 758 points, smashing previous records. You can also see in our analysis here that, under the old voting system, Amar Pelos Dois would’ve even beaten the previous record holder, the 2009 winner, Fairytale!

Relive Salvador’s winning performance below

What do you think of this news? Are you shocked to hear how money from the Eurovision budget was lost? Finally, do the culprits deserve to be punished?

Let us know in the comments below and on social media @ESCXTRA

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