Closer Financial Control To Help Reduce Influence Of Shadow Capital

Closer state financial control will help reduce corruption and clamp down on grey capital, said Sergei Stepashin, chairman of the Audit Chamber of the Russian Federation, at the seminar "Participation of Financial Supervision Bodies in Planning the State Budget of Russia". Mr. Stepashin said that the struggle against corruption and money-laundering is the task of great importance for all countries of the Commonwealth of Independent States. Head of the Audit Chamber of Russia focused everyone's attention on the draft law "On Struggle against laundering illicit incomes", which was introduced to the Parliament by the Government of Russia. -O- (mal/nog) 25/04/01 15:14