Spanish judges have acquitted 17 Russians over alleged large-scale money-laundering for the Russian mafia

• Russian MP Vladislav Reznik, alleged gang boss Gennady Petrov, and others were acquitted by the National Criminal Court.
• Nine suspects, including Petrov, remain at large; there is insufficient evidence linking investments in Spain to organized crime proceeds.
• The case centers on the Tambovskaya-Malyshevskaya gang from St. Petersburg, accused of money laundering in Spanish properties and businesses.
• Prosecutors claimed the gang’s money laundering began in the 1990s with affluent Russians buying luxury villas in Costa del Sol and the Balearic Islands.
• Allegations stated over €50m ($57m; £44m) of Russian mafia money laundered in Spain.
• The accused included Vladislav Reznik, former chair of the Russian parliament’s financial markets committee, and his wife Diana Gindin. READ MORE