
Fish bribes?
Yomiuri: Fish 'bribes' sent through Cyprus banks - Funds' path to Russian pockets traced
Accounts at financial institutions in Cyprus and another country were used to transfer some of the about 500 million yen believed to have been paid to Russian border guards by four Japanese fishery companies, sources familiar with the case said. The remittances in question were part of efforts by the Japanese corporations to ensure the guards looked the other way while the firms fished for walleye pollack in excess of a catch quota set in Japan-Russia fishery talks, officials from the firms were quoted as telling the National Tax Agency. The cash is believed to have eventually been paid to Russian government officials, officials from the Japanese firms said. The latest revelation follows reports that the four fishery companies operating in Russia's exclusive economic zone had provided officials from that country's border security bureau with a total of about 500 million yen in alleged backdoor payments. The latest revelation indicates that the fishery corporations worked to get away with their over-limit fishing through massive payments to border-guard inspectors from Russia...more...