LESS RUSSIAN MONEY IS LAUNDERED ABROAD, FINANCIAL MONITORING OFFICIALS SAY

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MOSCOW, April 8 (RIA Novosti's Natalia Byrkina) - Less Russian money now goes abroad for laundering, Viktor Zubkov, head of the Federal Financial Monitoring Service, said in a RIA interview Thursday. He believes that his service can take part of the credit for that, along with the Economic Development and Trade Ministry, the Finance Ministry, and the Bank of Russia, which, according to him, all do a great deal to reduce capital flight.

At the same time, Zubkov warned that the number of offenses related to money laundering and funding of terrorist activities was unlikely to go down any time soon. He said Russia was no better at solving money-laundering crimes than Western European countries or the United States, where only about ten percent of the shadowy dealings are uncovered, on the average.

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