"Russia is on the threshold of total criminalisation - because there is no clear legislation to say what you can and what you can't do, what's right and what's wrong, " says a Russian financial criminal investigator in the second of this three-part series about international financial crime.
The programme examines Russia's gangster capitalism where business is settled by a gun. Two-thirds of all businesses in Moscow pay protection money to criminal gangs and some banks have their own private armies. It also reveals that although the West has encouraged this capitalism, there are now fears that rampant organised crime in Russia threatens the entire international financial system.
A former banker, now in a US jail, tells reporter Gavin Hewitt : "You can use the system any way you want because it's open. If you've got a criminal mind - bank fraud, transfer of money, anything you want, you can do it."
Series producer Peter Molloy ; Executive producer Glenwyn Benson. A transcript of this programme is available from [address removed]Tel: [number removed]