Russian bank staff under investigation in London

[Joanne98]

Source: The Guardian

Four Russian officials connected to the London branch of a major international bank set up to develop free markets in eastern Europe are being investigated for corruption by both Britain and Russia.

The London-based European Bank for Reconstruction and Development (EBRD), which is owned by 61 countries including Russia and the European Union and European Investment Bank, said it had removed diplomatic immunity from the employees at the request of the Foreign Office and Russian authorities in order to help police investigations in both countries.

Russia's economic development ministry confirmed the name of one of the employees as Elena Kotova, who has been dismissed from the board of directors; she had been a member since 2005.

The ministry did not name the other three employees, but said Russia's prosecutor general's office has ordered an investigation into the activities of the four.



Read more: http://www.guardian.co.uk/business/2011/jan/19/ebrd-bank-corruption-investigation

[cowcommander]

1. "...being investigated for corruption by both Britain and Russia"

Looks like someone crossed Putin. Russians normally don't care about corruption at all.

[TheLastMohican]

2. Neither does US

But you won't read it in the evening newspaper.
Or do you want me to believe that each and every Senate and House of Representatives member lives on his or her salary?