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. Last Updated: 07/27/2016

Millions Pledged for Hostage Families

The government and businesses have pledged millions of rubles for the former hostages, their families and the special forces that ended the crisis.

Deputy Prime Minister Valentina Matviyenko said families who lost relatives would receive 100,000 rubles ($3,150) and an additional 14,200 rubles for each funeral, Interfax reported Monday. Hostages who survived would receive 50,000 rubles each, she said.

Total payouts would amount to about 45.6 million rubles based on Tuesday's death count. The federal and Moscow city governments are expected to share the costs.

City Hall has so far paid out 2.93 million rubles, Interfax reported.

Chechen businessman Musa Bazhayev, head of the Alyans fuel and energy group, created a fund for the former hostages and their families, pitching in 3 million rubles. He announced the plan at a meeting with Nationalities Minister Vladimir Zorin and members of the Chechen diaspora on Friday.

"[The events] are a general tragedy for Muscovites, for the whole Russian population, irrespective of their ethnicity or confession," Interfax reported Bazhayev as saying. "Overcoming this tragedy, avoiding deaths, opposing terrorism can only be done together."

Vodka exporter SPI Group has offered 60,000 rubles to each of the families of those who died. "Of course, money cannot bring back loved ones, and nothing can compensate for this tragic loss," SPI Group said in a statement.

SPI plans to open bank accounts in the names of a single member of each family, company spokesman Sergei Boguslavsky said. "We aren't putting it into a general fund because we don't know how this money will be allocated and what will go to what," he said. The group has not yet selected a bank.

SPI has not received a full list of those who died but has started collecting information and contacting relatives, Boguslavsky said.

Moscow utility Mosenergo and power monopoly Unified Energy Systems have pledged 100,000 rubles for each of the families of people who died. The companies also offered an all-expenses-paid, two-week trip to Mosenergo's resort in Sochi to former child hostages and their parents.

The Union of Industrialists and Entrepreneurs, or RSPP, on Monday estimated it could collect 30 million rubles from companies and individuals throughout the country.

But creating a fund, which needs to be registered with the government, would take too much time, so the RSPP simply opened an account in Vneshagrobank for donations.

The RSPP plans to put together a seven-member board of trustees, chosen mainly from politicians, the hostages and families of the hostages, to oversee payouts.

The Industrialist Party, a pro-business political party kick-started in March by members of the RSPP, decided Monday to set up a fund for assistance to the special forces.

The fund will ask businesses for donations, which would be put toward financing the special forces and creating a nongovernmental organization devoted to preventing youths in war-torn areas from becoming terrorists.

The party has also appealed to international and domestic businesses to create a forum on fighting terrorism.