The documents include details of about 70,000 banking transactions, including 1,920 that went through UK banks and 373 via US banks. The records show British banks and foreign banks with offices in London processed $738.1m in transactions apparently involving criminal money from Moscow. The OCCRP – which first reported the story – originally called it “the Russian Laundromat”. Accounts held at 19 Russian banks were involved in the scheme. The FSB – run by Vladimir Putin before he became prime minister and president – had used part of the Laundromat money to further Russian state interests, Moldovan officials said.

Source: The Guardian March 20, 2017 18:00 UTC