Vladimir Putin stated that the fight against economic crimes will continue in the country

Thursday, May 19, 2022

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Russian President Vladimir Putin stated that the fight against economic crimes will continue in the country. "Despite the political blackmail, we've carried the cases on several large companies through, and will continue to work in this direction," Putin said at a meeting with senior police officials on Tuesday. Economic crimes cause serious damage to the legal economy. “The practice of illegal business of fictitious bankruptcies and seizure of enterprises is becoming increasingly aggressive,” he said. The head of state stressed the need for combating the legalization of criminal incomes, saying that “schemes of their laundering are becoming increasingly intricate”. “These new criminal phenomena are inflicting a serious damage to the legal economy, undermining trust of Russian and foreign investors in the Russian state,” the president said. “Shadow business sometimes becomes a source of the financing of terrorist and extremist groups, and is a nutrient soil for the spread of corruption,” Putin said.

Bookmark Vladimir Putin stated that the fight against economic crimes will continue in the country