15 money-laundering cases in Belarus in 2008
The Belarusian financial intelligence and financial police cannot guarantee that 100-percent of the foreign investments in Belarus are clean, Valery Yarasheuski, Director of the Financial Monitoring Department at the State Control Committee, said in a statement. The official said a quite high volume of dirty money functions in the country's economy, and investors who target Belarus do not always have clean intentions. He also noted that the volume of "dirty money" in any country's economy could reach 1.5-3 percent of the gross domestic product, according to international experts.
In 2006, 10 felony offences associated with money laundering were registered in Belarus. In 2008, Belarus reported 15 money-laundering cases against 12 in 2007. The crimes were detected in all the regional centers apart from Brest, with transactions amounting to hundreds of thousand US dollars. Illegal entrepreneurship is cited as the main source of criminal profits.
In 2008, the financial intelligence of Belarus filed around 3500 notices about suspicious transactions to the law-enforcement agencies. For instance, one man would win Br100 million almost on a weekly basis. The police checked this information but could not detect any offence, reports Belapan.
In 2006, 10 felony offences associated with money laundering were registered in Belarus. In 2008, Belarus reported 15 money-laundering cases against 12 in 2007. The crimes were detected in all the regional centers apart from Brest, with transactions amounting to hundreds of thousand US dollars. Illegal entrepreneurship is cited as the main source of criminal profits.
In 2008, the financial intelligence of Belarus filed around 3500 notices about suspicious transactions to the law-enforcement agencies. For instance, one man would win Br100 million almost on a weekly basis. The police checked this information but could not detect any offence, reports Belapan.
