A Kremlin critic filed a criminal complaint last week urging Swedish authorities to investigate hundreds of accounts with a Scandinavian bank that may hold US$175 million linked to a $230 million Russiantax fraud scheme.
US authorities are investigating Danske Bank for money laundering connected to over US$200 billion that made its way through the bank’s Estonian branch into Europe, said Danske Bank on Thursday.
Arms trafficking, organized crime and smuggling millions in cash – the U.S. Treasury Department painted a grim picture of Russian government and business when they explained the latest sanctions during an announcement on Friday, NPR reported.
A French judge has put Russian businessman and lawmaker Suleiman Kerimov under formal investigation after police arrested him this week at Nice airport for alleged tax evasion, media reported Thursday.
Russia has announced it will retaliate against Canada after Ottawa blacklisted on Friday 30 Russian officials alleged to be connected to the death of whistleblowing lawyer Sergei Magnitsky and a massive tax fraud scheme he uncovered.
Russia’s former economy minister, Alexei Ulyukayev, accused at the start of his corruption trial on Wednesday spies and an ally of Vladimir Putin of setting him up, according toDeutsche Welle.
Prevezon Holdings Limited, a Cyprus-based company, agreed on Friday to pay US$5,896,333.65 to the US Treasury to settle a money laundering and civil forfeiture action uncovered by the deceased Russian lawyer Sergei Magnistsky.
Authorities in Russia launched a criminal investigation against the governor of the Udmurtia region Alexander Solovyov for allegedly taking some US$ 2.5 million in bribes, the country's Investigative Committee said in a statement Tuesday.
Russian police have detained the head of state firm JSC Corporation of Development, Sergey Maslov, on allegations he took part in the embezzlement of more than one billion rubles (US$ 16.03 million), state news agency Interfax reported Thursday.
Police in Russia arrested a senior anti-corruption official on Saturday after he was found in possession of over US$ 120 million in suspected bribe money, Russian media reported.
Russian investigators have detained senior energy company executives on allegations they paid millions in bribes to government officials in the country’s north, authorities announced on Monday.
The wife of one of Russia’s most powerful men, Igor Sechin, has filed a lawsuit against Organized Crime and Corruption Reporting Project (OCCRP) partner Novaya Gazeta demanding the newspaper take down an article linking her to a luxury super-yacht.
A court in Russia sentenced the former mayor of the city of Yaroslavl - an opposition figure who had styled himself as an anti-corruption crusader - to more than 12 years imprisonment Wednesday for receiving a more than US$ 250,000 bribe from a construction company.
Russia’s deputy premier has bought apartments in an iconic Stalinist tower worth as much as US$10 million via an intermediary, anti-corruption campaigner Alexei Navalny said on his blog Monday.
Nikita Belykh, governor of the Kirov Region of Russia, was arrested on Friday on charges of accepting bribes after the Investigative Committee of the Russian Federation caught him accepting a large sum of money in a Moscow restaurant.
Russia’s Federation Council unanimously voted to reappoint Prosecutor General Yury Chaika for another five-year term, in the midst of corruption allegations involving his sons and linking his deputy prosecutor to an organized crime gang.
Officials from the Russian Ministry of Internal Affairs said more than 700 billion rubles (US$ 10.5 billion) were transferred illegally from Russia into offshore accounts in 2015, TASS News Agency reported.
Russia is often criticized as a major source of international money laundering but its Central Bank’s official figures suggest it’s starting to get on top of the problem, based on US State Department reports.
Dutch Member of Parliament Pieter Omtzigt questions whether Cyprus is paying “lip service” to international money laundering regulations after its failure to go after banks involved in money laundering in the scandalous and tragic Sergei Magnitsky case, reported the EU Observer.
Russian President Vladimir Putin and his security chief ‘probably’ approved the assassination of Alexander Litvinenko in London in 2006, according to a report by the Litvinenko Inquiry released this morning, reported the BBC.
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