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Dirty Russian Money - BND cautions against bailout for Cyprus
In a secret report, the Foreign Intelligence Service came to the conclusion that the aid, which the European Union will pay may soon the country would especially benefit owners of Russian black money accounts.

According to the findings of the BND Russian citizens have deposited $26 billion in local banks, reports Der Spiegel. That is more than the annual economic output of the country. These deposits are secured when the banks of the island republic will soon be supported by European bailout funds. In addition, the BND complained that the country still offers opportunities for money laundering.



Schengen is toast!
by epochepoque on Sat Nov 3rd, 2012 at 05:05:57 PM EST

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