Russian Olympic boss gets stung

As if there wasn’t enough colour already, the president of the Russian Olympic Committee has emerged as figure in the Firepower saga. Leonid Tyagachev, a close friend and regular ski companion of the Russian Prime Minister, Vladimir Putin, was part of a failed attempt to raise money for Firepower in London financial circles in 2008. My sources tell me Mr Tyagachev invested $US1 million ($1.12 million) in Firepower. He declined to comment when pressed by my SMH colleague Jacquelin Magnay.

Jacquelin worked with me on many of the Firepower stories. She is now off to the Daily Telegraph in London to work as their olympics reporter.

I also decided to update readers of the Sydney Morning Herald on the story so far.

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