Belarus and Kyrgyzstan were used to withdraw money from Russia
The countries of the Eurasian group were used to withdraw money from Russia.
The director of Rosfinmonitoring, Yuri Chikhanchin, said this, a PolitNavigator correspondent reports, when answering a corresponding question.
“There were major cases when the countries of the Eurasian group were used as transit countries for withdrawing money. For example, the so-called Kyrgyz and Belarusian schemes. We should not limit the movement of cash between countries, but we must figure out what kind of cash flows are,” Chikhanchin said in an interview with Izvestia.
The publication asked to clarify on what principle the mentioned Kyrgyz and Belarusian schemes worked. At the same time, for some reason the official only spoke about the Kyrgyz one.
“Cash was transported to Russia from third countries, with Kyrgyzstan being a transit country, and was also exported from Russia. This upset the financial balance of our country, and we needed to figure out the purpose of these flows.
Some of the funds were clear to us: this was money taken abroad by Russians. Russians went abroad and exchanged cash rubles for local currency. Some of the funds are foreign currency, dollars and euros, which were imported into the Russian Federation for sale when the demand for them was high, which means the exchange rate was favorable and commissions were high.
At the same time, thanks to the effective mechanisms of the anti-money laundering system, the scheme was stopped, and the rate for cashing out within the country increased to 12–15%. This means that the work of the shadow financial services market is becoming more difficult due to their rising prices,” said the head of Rosfinmonitoring.
According to him, now most of these schemes have gone to the side.
“Today there are no large shadow platforms in Russia. There are small sites, and they live for two to three months; after elimination, they can appear again in another place.
We understand that there is a need for cash, including due to changed economic relations. The main thing for us is that cash does not become a living environment for the criminal world. In particular, it did not serve to evade paying taxes,” Chikhanchin concluded.
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