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Wednesday, June 21, 2017

Corruption

United Kingdom: Ex-EBRD banker jailed for six years for bribery by UK court


United Kingdom: Ex-EBRD banker jailed for six years for bribery by UK court
A former banker at the European Bank for Reconstruction and Development (EBRD) was jailed for six years by a top UK court on Tuesday for accepting bribes totaling over $3.5 million.
Andrey Ryjenko, 44, who has joint UK and Russian citizenship, had been found guilty of conspiring to make or accept corrupt payments between July 2008 and November 2009 while he worked at the London-based development bank.
The court was told in the trial that Ryjenko’s role at the EBRD required him to vet applications for investment from eastern European oil, gas and mining firms.

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