Putin Pays Big Bucks for Russia's Massive Winter Olympic Games

Vladimir Putin sparing no expense over $50 billion event, most expensive Olympics ever.
1:41 | 11/10/13

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Transcript for Putin Pays Big Bucks for Russia's Massive Winter Olympic Games
And a reminder here tonight about a sfroint a different finish line. A countdown to the olympics in sochi. The olympic torch taken on a space walk. But back on earth, groeg controversy over the games. President putin sparg no exprengs, but just where is thaul money going? Abc's kirit radia in sochi tonight. Reporter: The olympic torch. Boldly going where no torch has gone before. Part of relay as grand as putin's view for the olympics. Russia hosting in sochi, a town best known as a beach resort. Last year, there wasn't enough snow, so they stored big piles under insulated blanket, hoping enough would survive until the olympics it's an example of how putin sparing no expense. Over $50 billion. By far, the most expensive olympics ever. One reason they're so expensive, all of these stadiums are brand new. The ski resort in the nines back there, even a power plant and the roads were all built just for these olympics. But critics say there's another reason. Massive corruption. 30 billion was stolen. The ski jump, ten times more expensive here than prooechs olympics. This road reportedly cost over $8 billion. More than the entire vancouver olympic budget. There is also a hidden human cost. This family lost their home. Police forcing them out, citing a nearby olympic project. The family calls it a corrupt land grab. In putin's russia, grand your comes at a heavy price. Kirit radia, abc news, sochi. Back here at home tonight

This transcript has been automatically generated and may not be 100% accurate.

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