i-law

Money Laundering Bulletin

Advances on the Russian front

The value of crime-tainted money moved through Russian banks may be falling fast – to RUB200 billion (US$3.3 billion) in 2015, down from RUB350 billion in 2014, according to the Russian Federal Financial Monitoring Service (Rosfinmonitoring). But the problem is still acute, says the state agency, which wants more action by law enforcement. Eugene Vorotnikov reports from Voronezh, Russia.

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