Meanwhile state money-laundering continues

Just as a new state body is established allegedly to counter money-laundering, on 12 January the Federal Arbitration Court of Moscow Oblast dismissed a lawsuit filed by lawyer and anti-corruption activist Alexei Navalny against VTB Leasing, a subsidiary of state-controlled VTB Group. Navalny had claimed that the subsidiary laundered USD 160 million during the acquisition of oil-drilling equipment.

The issue is covered in more detail in an article in The Moscow Times on 13 January 2012 entitled Court Throws Out Navalny’s Lawsuit

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