Moldova has launched criminal proceedings in a money laundering case involving its biggest bank, the Russian mafia and six EU countries.
The move comes after a UK-based investment firm, Hermitage Capital, filed a complaint with the Moldovan prosecutor in June.
Documents obtained by Hermitage indicate that a Russian organised crime group - dubbed the Kluyev Group - in 2008 wired $53 million of stolen money from an account in Russia's Bank Krainiy Sever to two accounts in Moldova's...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login