Loading...
See More

Almost $50bn left Russia illegally

Feb 20 2013 20:54 Reuters

Related Articles

Russia investigates Bank of Moscow

Standard to remain in Russia: Maree

Russia WTO membership passes final hurdle

Russia finally joins WTO

Russian cheer for Standard Bank

Russia rejects wheat export ban

 

Moscow - Nearly $50bn was transferred out of Russia illegally in 2012 and more than half this sum may have been controlled by a single group of companies, the central bank said on Wednesday.

Sergei Ignatyev, chairperson of the Bank of Russia, was citing the findings of a study that the bank said it would publish later on Wednesday. Ignatyev, who retires in June, was also due to testify to the upper house of parliament.

"You get the impression that they (half the transfers) are all controlled by one well-organised group of people," Sergei Ignatyev, chairman of the Bank of Russia, told the Vedomosti daily in an interview.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

russia  |  central bank
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

New forms of digital technology are changing the very ways in which entrepreneurs run their businesses.
 
 

New GIF keyboard on iOS for added fun!

Soon sending an LOL! or facepalm will be so much more fun!

 
 

For chic geeks...

Puppy goes crazy over iPad game
Printable solar panels will bring exciting new opportunities!
Now there’s a special lane for texting while walking
LOL! 7 brutally honest texts from parents

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...