EBRD BANKER JAILED FOR TAKING USD3.5 MILLION IN US BRIBES
June 1st, 2017
A banker with the London-based European Bank for Reconstruction & Development (EBRD) has been jailed for six years by London's Old Bailey Central Criminal Court of England and Wales on June 20 for taking USD3.5 million in bribes from a consultant, plus two years for money laundering to run concurrently. Andrey Ryjenko was responsible for vetting loan and investment applications from eastern European oil, gas and mining firms at the EBRD, set up in 1991 to aid former Soviet bloc nations. Between July 2008 and November 2009, Ryjenko approved EBRD loans for ...
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