Israeli minister notes money laundering KYIV � Israeli Internal Affairs Minister Avakham Kokhav said that a high volume of shadow capital has been transferred from CIS countries, including Ukraine, to Israel. Speaking at a joint press conference in Kyiv with his Ukrainian counterpart, Yurii Kravchenko, he added that he is unsure about the exact volume of Ukrainian funds being transferred to Israel. Mr. Kokhav said that there are no relevant Israeli laws against money laundering and, as a result, former Ukrainian citizen Semen Yuta, who has received large amounts of money through fraud, now lives in Israel and has no legal problems because "he does not violate the law." Mr. Kravchenko said that because of an absence of necessary documents, it is impossible to prove the accusations against Mr. Yuta. (Eastern Economist) |