Money Remitters In Firing Line Over Ukrainian Separatist Crowdfunding

Money transfer giants MoneyGram and Western Union, along with two of Russia’s largest banks, have been accused of facilitating thousands of dollars in donations to the Ukrainian separatists responsible for shooting down a passenger jet in 2014 in a new lawsuit.

Some 298 people were killed when Malaysian Airlines flight MH17 was shot out of the sky while flying over eastern Ukraine on July 17, 2014.

An investigation team set up by several countries whose citizens died in the disaster has yet to publish indictments, but independent investigators have said that Ukrainian rebels, backed by Russia, were responsible.

Request a Free Trial

As a trusted source of regulatory intelligence for the global payments industry, we enable organisations to manage the growing volume and velocity of regulatory risk with confidence, empowering more informed and effective decision making, in an efficient and cost-effective way.

Take a Trial