The Moldovan Banking Wars

Moldovan banks are in a life-and-death struggle. Many have been involved in money laundering and asset thefts that have moved tens of billions of dollars from Russia to the West. Then when $1 billion disappeared from three Moldovan banks last year, the theft raised more questions than it answered and dealt a brutal blow to the economy.

What's clear is that the battle over Moldovan banks is still being waged as more banks are targeted by characters whose real motivations are not clear.


Dirty Money Laundered to Reinvest in Moldovan Banks

Between 2013 and 2015, more than US$ 13 million in dirty money from a giant Russia- centered money laundering scheme, dubbed the Russian Laundromat, flowed back into Moldova to buy shares in the country’s largest bank, Moldova Agroindbank (MAIB).

The Moldovan Banking Wars

Banker Veaceslav Platon, a former parliamentarian detained in Kyiv on Monday for allegedly taking part in the theft of US$ 1 billion from three Moldovan banks and laundering billions through others, spent the months leading up to his arrest trying to take over yet another Moldovan bank, RISE Moldova has learned.

Interview With Veaceslav Platon: ‘There are zombie banks in Moldova’

The following are excerpts from a three-hour interview with Veaceslav Platon, a key figure in a Moldovan investigation into banking corruption.