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Germany's Deutsche Bank stands accused of helping Russian clients to move up to $10 billion in shady funds (Photo: Reuters)

Dirty Russian money buying influence in EU, MEPs warn

MEPs from the main groups in the European Parliament have raised the alarm over illicit Russian money in Europe and its use to influence European politics.

They said in a letter to EU foreign relations chief Federica Mogherini that “over $200 million [€189mn] of illicit proceeds” from a Russian tax fraud “was laundered through Europe” and that “there is information that shows that the money has been used to influence European politics, media, and civil society to prevent consequences f...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Germany's Deutsche Bank stands accused of helping Russian clients to move up to $10 billion in shady funds (Photo: Reuters)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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