Russia's Central Bank Governor Sergei Ignatyev has generally kept a low profile during his 11-year tenure. Grigory Dukor / Reuters
Russian Central Banker Slams Vast Criminal Cash Exports -- Reuters
Russia's central bank chief said nearly $50 billion, or 2.5 percent of the national income, had been sent abroad illegally in 2012, much of it controlled by a single group of people - whom he did not identify.
Wednesday's findings by the Bank of Russia, one of the country's most respected institutions, amounted to an indictment of lawlessness and corruption in the system of "Kremlin capitalism" that has taken hold under President Vladimir Putin.
They also sent a parting shot from the soft-spoken Sergei Ignatyev, who retires as chairman in June after 11 years largely free of controversy. A successor has yet to be named.
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More News On Russia's Criminal Cash Exports
Russia central banker slams vast criminal cash export -- Reuters
Nearly $50 bn left Russia illegally in 2012: central bank -- Global Post/AFP
Illegal Money Transfer From Russia Reaches $49 Bln. Last Year -- RTT News
Russia's illicit capital outflow ‘controlled by well-organized group’ -- RT
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