Rosfinmonitoring's investigation was voted the world's best at the Egmont Group's Plenary
Rosfinmonitoring's Anti-Money Laundering Department, in cooperation with Russian law enforcement agencies and foreign FIUs, conducted a financial investigation into the embezzlement and subsequent laundering of over RUR 10 billion of public funds.
Evidence gathered by Rosfinmonitoring was used to file criminal charges under Art. 159 of the Criminal Code (Fraud) and Art. 210 of the Criminal Code of the Russian Federation (Organization of a criminal network). More than 20 individuals, including businessmen and officials, were arrested in connection with the case. Some of them already admitted their guilt. Investigators managed to recover part of the embezzled public funds.
Rosfinmonitoring's investigation was declared the winner of the best financial investigation contest "BECA", held on July 6, 2017 in Macao, China. The contest results were announced at the plenary meeting of the Egmont Group, attended by representatives of FIUs from more than 120 countries around the world.
Rosfinmonitoring's victory is yet another testament to the professionalism of the agency's staff. This is a second victory for the Russian FIU, following the triumph of its 2012 investigation into the embezzlement of RUR 3 billion of public funds in the Moscow region.