UK fund boss warned Germany about Russian money in Cyprus


  • World Premium
  • Wednesday, 27 Mar 2013

LONDON (Reuters) - UK fund manager Bill Browder, one of the Kremlin's harshest critics, briefed German officials on Russian money laundering in Cyprus just before the European Union set tough terms for the island's bailout.

He said at least $31 million (£20.5 million) was laundered through Cyprus bank accounts, funds that were part of a $230 million fraud his lawyer Sergei Magnitsky discovered before his death in a Moscow prison in 2009.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In World

Thich Nhat Hanh, poetic peace activist and master of mindfulness, dies at 95 Premium
Honduras' next president blasts party for 'betrayal' in Congress Premium
'Something has changed': young, female-led Cabinet reflects Chile's modern twist Premium
U.S. calls on Bosnian leaders to stop divisive rhetoric, actions Premium
S.African court postpones ruling on objection to Amazon HQ on sacred land Premium
Blinken talks Iran with Lavrov, sees only brief window to reach nuclear deal Premium
Ukraine crisis: what next after the Blinken-Lavrov talks? Premium
Analysis-First rebellion against Johnson was doomed; the next may not be Premium
Canada's Trudeau vows action after four freeze to death in 'mind blowing' tragedy Premium
French court finds former top Sarkozy aides guilty in polling fraud trial Premium

Others Also Read


Vouchers