Belarus, EU to fight economic crimes together

Belarus, EU to fight economic crimes together

Belarus and the European Union are joining forces in the fight against economic crimes.

On July 28, international experts discussed in Minsk efforts to combat modern methods of financial fraud schemes.

In addition to tax evasion the list of crimes includes criminal bankruptcy and illegal entrepreneurship.     

Every year, hundreds of millions of dollars illegally replenish the accounts of foreign companies and one-day firms who use fake company details.

Igoris Kržečkovskis, advisor of the European Union on combating money laundering (Lithuania):   
Earlier, in the 1990s, we had to deal with quite basic, simple operations, in which, unfortunately, corruption schemes were often involved. At the moment, we see that these crimes are often carried out with the help of computer technology. Also, criminals now use new opportunities to abuse financial markets and financial services. We are talking about trafficking of various goods and imitation or fake operations in various commercial situations, including export and import.