November 6, 1999 |
Russian prosecutors have dropped a high-profile corruption case against business tycoon Boris A. Berezovsky after months of investigation and just weeks after accusing him of stealing $600 million from the national airline, Aeroflot, the Interfax news agency said. Prosecutor Nikolai Volkov signed a resolution Thursday terminating charges against Berezovsky, a close ally of President Boris N. Yeltsin, the report said.
September 22, 1999 |
Jumping into the furor over alleged Russian money laundering, a congressional committee Tuesday heard testimony ranging from comforting words from the Clinton administration to allegations that international aid money was stolen. Treasury Secretary Lawrence H.
September 21, 1999 |
A top Russian intelligence official said Monday that U.S. investigators have material suggesting that Russian businesses laundered money through the Bank of New York and promised cooperation with the FBI in following the paper trail, Russian news agencies reported. Media reports that Russian officials may be involved in laundering up to $10 billion through the New York bank have intensified growing discontent with President Boris N.
September 17, 1999 |
Secretary of State Madeleine Albright threatened Thursday to withdraw crucial U.S. backing for new International Monetary Fund and World Bank loans to Russia unless Moscow takes "fully adequate" steps to protect aid money from corrupt and criminal elements. "We have made clear that we will not support further multilateral assistance to Russia unless fully adequate safeguards are in place," she told a gathering of foreign policy specialists and diplomats here.
September 13, 1999 |
In this city of breathtaking Alpine peaks, medieval charm and world-class fashion, the little Fenini Shop is notable for being, well, uninspiring. The family-owned clothing store, tucked into a mini-mall near a highway offramp, sells a ho-hum selection of Levis and casual sweaters. Neighbors say they've rarely seen a customer in the place, and some snicker that the shopkeeper spends most of her time drinking Campari in the bar on the corner.
September 8, 1999 |
President Clinton's senior Russia policymakers, including Vice President Al Gore, were kept in the dark for five months about a Justice Department investigation of alleged money laundering involving Russian criminal elements and a major U.S. bank, U.S. officials disclosed Tuesday. Clinton administration officials said the lack of notification is significant because efforts to curtail corruption in Russia, including money laundering, have been a key issue in U.S.