$152 Billion Worth of Transactions in Russia Classified as “Suspicious” in 2015
13 Feb 2016

According to state financial watchdog Rosfinmonitoring, last year, financial transactions in Russia worth 11.7 trillion roubles ($152 billion) were classified as “suspicious”.

The findings reveal that the amount of transactions potentially linked to money laundering has not decreased from 2014.

1.47 trillion roubles ($19 billion) was moved out of Russia in 2015 in suspicious banking operations. Conversely, suspicious money transfers into Russia fell from 340 billion roubles ($4.4. billion) in 2014 to 250 billion roubles ($3.2 billion) in 2015.

According to the Interior Ministry’s Main Information Analytical Centre, a total of 627 money laundering cases were sent to court last year.

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