Yukos caught up in Spain money-laundering case
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Yukos, the Russian oil company, has been caught up in what Spanish authorities call Europe’s largest money-laundering case, uncovered in weekend raids on the country’s Costa del Sol. Spain’s interior ministry yesterday alleged that funds illegally siphoned from Yukos, which has been hit by a $28bn (£15bn, €21bn) claim for back taxes by the Russian authorities, had been discovered on the Mediterranean coast as part of a broader money-laundering investigation. It said political and judicial authorities in Moscow were working with their Spanish counterparts on the case. More : ft.com |