22:50, 25 April 2011

Northern Caucasus sees more and more shady financial transactions, "Rosfinmonitoring" says

According to the Federal Financial Monitoring Service ("Rosfinmonitoring"), the North-Caucasian Federal District (NCFD) is in the lead by the growing number of shadow schemes and the amount of suspicious transactions, said Yury Chikhanchin, head of the Service, speaking at the conference.

He noted that the analysis made by the "Rosfinmonitoring" shows that it is not always possible to prevent the emergence of large-scale shadow schemes, which are mainly acting on bank platforms.

According to his story, these transactions are manifested through high cash turnover and overflow of these sums abroad, the RIA "Novosti" reports.

Let us note here that on April 12, an interview that Alexander Khloponin, Russian President's Plenipotentiary in the NCFD, gave to the "Caucasian Knot" and the "Gazeta.ru" was published.

While answering the question about his control over spending investments by his region, the Plenipotentiary said that this year's figures about the fight against corruption and embezzlements "would be more powerful than in any other region of the Russian Federation."