FROM A
DIFFERENT ANGLE by Kenneth Rijock
Financial Crime Consultant, for World-Check
Corruption at Russia's Central Bank is alleged
16 June 2007

Is there any truth to the report that Central Bank of Russia First Deputy Chairman, and other regulators, blackmailed Russian banks accused of money Laundering, by demanding that they pay bribes in exchange for the destruction of evidence of the illegal transfers? Was Kozlov, the apparent reformer reportedly assassinated for his groundbreaking AML actions , actually a corrupt official only interested in lining his pockets with illicit cash? Apparently, Austrian authorites are asking those questions after Russian officials are declining to answer pointed questions about what role Kozlov played in this corrupt scheme. Who is telling the truth here?

Only an objective investigation, conducted by an outside agency, can reach the truth in this unfolding scandal. Whilst we do not like to malign the dead, If it turns out that Russia's great AML reformer was helping himself to corrupt funds he demanded, his lauded "reforms" might just turn out to be a smokescreen for crime. Who are the bad actors here, and why?

The facts and opinions stated in this article are those of the author and not those of World-Check. World-Check does not warrant the accuracy of any facts and opinions stated in this article, does not endorse them, and accepts no responsibility for them.

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