HARVARD DOESN’T AGREE THAT MONEY-GRUBBING IS A CRIME

Harvard University rejected the accusation of misuse of funds against two professors, who worked in Moscow as councilors of Russian Government. According to Ann Taylor, the lawyer of Harvard University, its professor and economists, who worked as councilors of Russian Government in 1992-1997, fulfilled their duties for US Administration and are not guilty of money-grubbing. Federal Prosecutors accuse Harvard professors Andrew Shlaifer and Jonathan How of raising much money during their work in Russia. But they were not allowed to do that. Washington financed their activity by means of international development agents. In particular, Harvard Institute of International Development got 40 million dollars from the national treasury. Slaifer and How deposited 200 thousand dollars in Russian concerns, and their wives, specialists in Finance, opened a real-estate agency in Moscow. Now U.S. is demanding compensation from Shlaifer and How and also from Harvard. The volume of compensation is 120 million dollars. Deutsche Welle.