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The Wall Street Journal sheds light on a case that ties Pavel Borodin, the old boss of the Russian prime-minister Vladimir Putin, to money laundering in Switzerland. The story reveals that Borodin opened two private accounts at SBS, a big Swiss bank, and in two years "more than $15 million sluiced through these private accounts..." The reporter cites Swiss officials who say the money came from Mercata Trading & Engineering SA, a Swiss-based, Russian run company." The article describes Borodin's detention in New York and the investigation against him, and points out that Russian officials have been unwilling to provide help on this case.
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