Ukraine News

The conversion of illegal funds into legitimate accounts and investments, commonly known as “money laundering,” is a growth business. According to the International MonetaryFund, money laundering could account for 2 percent of global Gross Domestic Product. Based on 1996 figures, …

AIG Ukraine Insurance Co., a wholly owned subsidiary of American International Group has received a triple ‘A’ financial strength rating from Standard & Poor’s following an extensive and voluntary review of its operations. S&P said it based the high rating …