Two Primorsky officials fail to confirm legality of purchases, have property seized
They were unable to say where the money used to purchase their expensive cars had come from.
The Primorsky court looked through the expenses of an official and a deputy and ruled to turn their property worth 6 million rubles ($100.400) in favor of the state. As it was reported in the regional Prosecutor's Office, a former deputy of the Anuchinsky Duma had bought a Toyota Land Cruiser 200 (2015) worth over 4 million rubles ($67.000), and a staff member of Rosreestr's office had bought a Toyota Land Cruiser Prado (2013), estimated at 1.8 million rubles ($30.100). In both cases, the purchase price exceeded their total income for the last three years.
They could not explain as to what legally obtained funds they could have used to buy the cars. The regional prosecutor appealed to the court, which found that the deputy and civil servant had failed to provide information confirming the acquisition of the cars with legitimate income.
The deputy had to return his off-road car in favor of the state. As the civil servant had already sold her car, the court ordered to recover its cost from her.
Nana Hernandez Getashvili, architect accused of stealing money from Rostec head Chemezov, no longer under in-absentia arrest
The Europe’s best architect of 2014 and 2015 in three nominations in a prestigious international competition in London is accused of two counts of major fraud. The total damage from the fraud is estimated at about 10 million euros.
The clampdown on the ‘Baltic laundromat’ hasn’t destroyed the global cash-out market. ‘Black cash’ is still laundered at the state level. Apparently, the main money laundering hub is currently located in a small Central Asian country – Kyrgyzstan. Ethnic criminal groups operating in Russia, Europe, and Central Asia use it to legalize their shady proceeds. Revenues generated by the illegal business are estimated at $500 million per year. However, it is impossible to covertly launder money on a global scale. Is the national political establishment involved in the criminal schemes?