Support The Moscow Times!

Caucasus Money Laundering

Money laundering takes place on an enormous scale in the North Caucasus, and authorities have failed to stop the flow of funds to criminal elements and terrorists in the region, the Kremlin's envoy to the region said.

"Today, unfortunately, I can certify that the North Caucasus Federal District is a leader in money laundering," Alexander Khloponin said at a police meeting Friday, Interfax reported.

(MT)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.