Seized documents point to Neftyanoi Bank money laundering role

Seized documents point to Neftyanoi Bank money laundering role
RUSSIA
18:21 09.12.2005
200
MOSCOW, December 9 (RIA Novosti) - Prosecutors raided Neftyanoi Bank Thursday and seized documents that prove the bank was involved in money laundering, the Prosecutor General's Office said Friday.
"Investigators said the documents seized from the Neftyanoi commercial bank were evidence that it had used fake companies and their accounts to conduct illegal bank transactions and launder money," the news release said. "They discovered around 20 stamps of organizations, which investigators said had been involved in the illegal financial transactions."(see Andrei Kozlov 2006)