World Cup audit finds $275 million in alleged graft from a single stadium project

ALEXANDRE LOUREIRO/Getty Images

World Cup audit finds $275 million in alleged graft from a single stadium project
(Image credit: ALEXANDRE LOUREIRO/Getty Images)

If there was a World Cup for ineptitude at preparing to host a World Cup, Brazil would likely trounce the competition. Some of the vast infrastructure needed to host the event — which kicks off in one month — is far from completion, and cost estimates continue to soar.

Add to Brazil's woes a new audit, analyzed by The Associated Press, which found the cost of building Brasilia's new World Cup stadium had tripled from its original estimate to a staggering $900 million. A primary culprit: $275 million in alleged price-gouging tied to that one stadium alone. And that's despite the audit having only examined three-fourths of the stadium's costs.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.