A major Russian money laundering operation appears to have partly taken place from the Netherlands for years. In the name of a company located in a terraced house in Wormer in North Holland, money flows of more than one hundred million dollars were sent around the world.
It is about the financial empire of the controversial Russian businessman and multi-millionaire Ruben Vardanyan. Newspaper Trouw, together with OCCRP and partners, revealed that the bank of which he was the director and major shareholder had set up an enormous money laundering operation. This so-called 'Troika Laundromat' mixed the millions in revenues of various Russian fraud cases with private assets of rich Russians, thus obscuring the origin of the money. MEPs from various political movements called on the European Commission to impose sanctions against Vardanyan.