Business

Russia’s $12.2bn money flow mystery: Where are the missing billions?

The previous record was $8.3 billion in the first quarter of 2009. Photo: Sefa Karacan/Anadolu via Getty Images
The previous record was $8.3 billion in the first quarter of 2009. Photo: Sefa Karacan/Anadolu via Getty Images

The staggering amount has renewed speculation that wealthy Russians are moving assets abroad.