Russian Banking System is still used for criminal Ends

President Vladimir Putin called on Friday for urgent action to clean up Russia's banking system, which he said was being used for criminal ends, after the murder of a top banker who waged a war on money laundering.

Kozlov, 41, a father of three who had been closing down dozens of crooked banks, was gunned down by assassins on Wednesday night outside a Moscow sports stadium. His driver died on the spot. Kozlov succumbed to his wounds early on Thursday.

"In my view, it is a manifestation of the intensifying situation in the struggle against crime in this area," Putin said of Kozlov's death. Putin said Kozlov had "worked in one of the toughest areas -- he worked with so called problem banks."

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