The areas of work in which we have particular expertise, experience and excellence.
News | Wed 14th Jun, 2017
On 6th June a jury at the Central Criminal Court returned verdicts on a brother and sister who played the system and lost. Between 2007 and 2010 Andrey Ryjenko used his senior position in the European Bank for Reconstruction and Development to make personal profit above and beyond his banker’s salary and bonusses to pocket over $3.5 million in kickbacks from Dmitri Harder, a contact working out of the United States.
The jury heard that Ryjenko corruptly obtained millions of dollars by promoting his friend Dmitri Harder as agent to those seeking loans and assistance from the publicly funded EBRD, in return he took a 50% cut of the huge success fees available on the applications. Ryjenko recruited his sister Sanderson, also a banker, to launder the proceeds of his corrupt agreement, through offshore bank accounts.
During the course of this unusual case the jury heard from Dmitri Harder who had been arrested and prosecuted in the US for his part in the corruption.
Sentence will take place on 20th June 2017, whilst Dmitri Harder awaits sentence in the US.
Click here for the press coverage.