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Treija: “Obviously it was money either stolen or with criminal origin.” (Photo: Kelly)

Stolen Russian billions ended up in EU states

Illicit money flowing out of Russia via Moldova and Latvia ended up in almost every single EU state, an investigation has found, posing questions on the integrity of Europe’s banking systems.

Beneficiaries in Estonia received $1.6 billion out of a total of some $20 billion uncovered in the money trail by journalists in the OCCRP, a club of investigative reporters in eastern Europe, and Novaya Gazeta, one of the few independent media ...

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