Tag Archives: Credit Suisse

Livin’ La Vida Rooskie Loca

The Moscow Times reports:

Real estate in Dubai and Montenegro. Regular first-class travel. Millions of dollars in Swiss bank accounts. Russia’s second-best country house.

And all made possible with an annual household salary of less than $40,000.

Those are the findings of a private investigation into the assets of Olga Stepanova — the former Moscow tax official who authorized a $230 million payment that no one disputes was embezzled.

The investigation is the latest conducted by supporters of Hermitage lawyer Sergei Magnitsky, who died in jail after accusing senior Interior Ministry officials of masterminding the $230 million fraud.

The Interior Ministry, in turn, accuses Magnitsky and Hermitage in the fraud.

Continue reading