Officials from the Russian Ministry of Internal Affairs said more than 700 billion rubles (US$ 10.5 billion) were transferred illegally from Russia into offshore accounts in 2015, TASS News Agency reported. Andrei Kurnosenko, head of the Department for Economic Security, along with the deputy chief of the General Directorate of Economic Security and Anti-Corruption, Police […]

One of the world’s leading auditors has been accused of negligence and incompetence after $1bn was siphoned out of Moldova from under its nose – a sum equivalent to 15% of the former Soviet republic’s GDP. Grant Thornton, the UK based accountancy giant with local franchises in dozens of countries, was the auditor for three […]