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Moldova is a bomb waiting to explode
Wednesday, December 2, 2015 9:58
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During the country’s previous general-election campaign last November, Moldova was hit by a bombshell. A leaked report revealed that up to $1 billion, equivalent to more than one-eighth of the country’s GDP, had been stolen from three banks.
It named the 28-year-old Mr Shor, an Israeli-born financier who is one of Moldova’s richest men, as being at the centre of a web of companies connected to the heist.
Mr Shor denies any involvement. The government, trying and failing to stave off the banks’ collapse, pumped in money, leaving Moldovans, whose average salary is $200 a month, to foot the bill.
According to the Organised Crime and Corruption Reporting Project, a watchdog, the banks were part of a scheme which, in the seven years up to 2014, laundered $20 billion of Russian money using a British shell company and a Latvian bank account …. http://www.economist.com
Source: http://luismmx.blogspot.com/2015/12/moldova-is-bomb-waiting-to-explode.html
