Kremlin Dismisses Troika Allegations

The Kremlin dismissed on Monday allegations that the Troika Laundromat channelled billions of dollars out of Russia, claiming the revelations contain nothing new.

In Troika’s Wake, Some Action, Some Waffling

A week after the publishing of the Troika Laundromat investigation sent shockwaves through Europe, implicating major Western banks, Prince Charles, Putin’s childhood friend, and US$4.6 billion of dirty Russian money, European bank shares tumbled, authorities launched investigations and officials split over whether more actions should be taken.

EU rejects landmark money-laundering measure

All 28 European Union member nations on Thursday unanimously rejected a proposal to blacklist 23 countries suspected of terrorist financing and money laundering, a landmark measure in the ongoing fight against money laundering.