December 18 2015
Four Turkish banks in Russia were raided by agents from Russia’s Federal Security Forces (FSB) to investigate “suspicions of money laundering” on Dec. 17, according to sources.
The diplomatic crisis between Russia and Turkey over the latter’s downing of a Russianjet on Nov. 24 has seen Moscow impose a raft of economic and trade sanctions against Turkey, but these sanctions have not covered banking activities up to now.
In addition to four Turkish banks, 20 Russian banks were also raided to investigate money laundering suspicions about a Turkish businessman, though no illegal transactions were found in the Russian banks.