Thursday, November 6, 2014

US Prosecutors Have Launched A Money-Laundering Investigation Into A Key Member Of Putin’s Inner Circle

Businessman Gennady Timchenko attends a session of the St. Petersburg International Economic Forum 2014 (SPIEF 2014) in St. Petersburg May 24, 2014. Credit: Reuters/Sergei Karpukhin

US ‘Launches Money-Laundering Investigation’ Into Member Of Putin’s Circle -- The Guardian

Prosecutors reportedly examining whether billionaire Russian gas trader transferred allegedly corrupt funds through US

US prosecutors are reported to have launched a money-laundering investigation into Gennady Timchenko, a billionaire acquaintance of Vladimir Putin and a member of the Russian president’s inner circle, according to the Wall Street Journal.

According to the report, which cites people familiar with the matter, the US attorney’s office for the eastern district of New York is examining whether Timchenko, an oil and gas trader, transferred funds related to allegedly corrupt deals in Russia through the US financial system. The justice department is aiding the investigation, it said.

Read more ....

More News On US Prosecutors Launching A Money-Laundering Investigation Into A Key Member Of Putin’s Circle

U.S. Money-Laundering Probe Touches Putin’s Inner Circle -- WSJ
U.S. Probes Timchenko for Money Laundering, WSJ Reports -- Bloomberg Businessweek
Putin ally target of US money-laundering probe: WSJ -- AFP
Russian Billionaire Tied to Putin Is Focus of Inquiry -- NYT
Kremlin says US probe of Putin ally is attack on president -- Reuters
Russian tycoon Timchenko confident of Gunvor’s legitimate activities — spokesman -- ITAR-TASS
Gunvor dismisses US money-laundering probe 'rumor' -- RT
US Prosecutors Probe Gennady Timchenko, Putin Ally, In Money Laundering Investigation: Report -- IBTimes
Gennady Timchenko: Kremlin dismisses reported US probe -- BBC

My Comment: A little inside baseball .... there are some in Moscow who see this U.S. investigation as a bigger story than what is happening in Ukraine. And within the halls of the Kremlin .... I am sure that no one is happy with this publicity.

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