Almost $50 billion left Russia illegally in 2012: central bank
February 20, 2013 5:42 PM EST
Nearly $50 billion (32 billion pounds) 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, chairman 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.
(Reporting by Douglas Busvine, Editing by Timothy Heritage)
Most Popular Slideshows
- Kate Middleton Suffocated in Kensington Palace, Queen Elizabeth Reported War With The Duchess [PHOTOS]
- Chris Martin Dating Reports: Jennifer Lawrence Vs Gwyneth Paltrow [PHOTOS]
- 2014 MTV Video Music Awards: Everything To Know [PHOTOS]
- British Style Icon Kate Middleton Fashion Talk With Camilla Parker-Bowles Daughter-In-Law [PHOTOS]
Join the Conversation
- Tourre on stand says email in SEC case 'not accurate'
- Syrian authorities blocking access to needy in Homs - Red Cross
- Faith in European Union at low ebb, EU poll says
- Former UBS banker gets 18 months, $1 million fine, for muni bid-rigging scheme
- U.S. judge halts challenges to Detroit's bankruptcy bid
- 4.7-Inch, 5.5-Inch iPhone 6 Models Confirmed with Similar Build, Cam Features & 300+ Screen Pixels on Release Date
- Saudi Arabia: Brothers Beheaded For Smuggling Marijuana Into The Kingdom
- ISIS: More Journalists Beheading To Come After James Foley and Steven Sotloff [Video]
- Moto X+1 is Likely Nexus 6 Template; Motorola Shamu is 1st Android Silver with Snapdragon 810 – Reports
- Apple iPhone 6 Release Date, iPhone 6C or 6L Anticipation: Three Things Should Matter To New Phone Shoppers
- James Foley: More Chilling Information Revealed By Escaped Journalists
- Xiaomi Mi4 vs iPhone 6: Why Forecasts Favor Mi4 as The Next Best Phone Against iPhone 6