Corruption exposed by the authorities – 10 January 2012

According to an article in the first issue of the Moscow Times in 2012, total illegal turnover amounted to RUB 5 trillion in 2011 in the financial sector, equivalent to 10 per cent of Russia’s annual GDP. This was calculated by the Central Bank and the Interior Ministry, based on instances where money laundering and other crimes were averted, so the actual figure could be far higher.

 

 

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