Russian central banker died with job unfinished

According to this article from Reuters published Thursday 14 September, Russia has lost a crusading reformer with the death of Andrei Kozlov, who made a promising start to cleaning up Russia's banking system.

"Kozlov, Russia's top banking supervisor, took up a challenge his predecessors had shied away from when, in 2004, he forced the closure of a bank involved in money-laundering and handling ransom money after an armed standoff," it says.

However, the measures earned Kozlov many enemies. According to the article it was probably one of them that ordered the gangland-style hit.

"Kozlov's death brings into sharp focus the difficulty and danger of modernizing a banking system that remains the Achilles' heel of one of the world's most dynamic economies."

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