Last updated: 14 may, 2010 - 15:25 GMT
The impact of corruption on foreign business in Russia
Russian authorities have pledged to tackle the growing issues of corruption in the country
Two international groups which track global corruption say extortion by government officials in Russia is so rampant that major foreign investors are seriously considering pulling out of the country.
The problem is so widespread that Trace International is warning international investors they could be at risk of prosecution under anti-corruption laws in their own countries.
The BBC's Rupert Wingfield-Hayes reports from Moscow.
To play this content JavaScript must be turned on and the latest Flash player installed.
Transparency International says that Russia is losing $300 billion a year to bribery.
Elena Panfilova is head of Transparency International in Russia, and explains how they worked out such a large figure.
To play this content JavaScript must be turned on and the latest Flash player installed.
First broadcast 14 May 2010
Related BBC Links
~RS~a~RS~worldservice~RS~q~RS~~RS~z~RS~00~RS~){kind=small}
bbc.co.uk navigation
BBC links
BBC © 2012 The BBC is not responsible for the content of external sites. Read more.
This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.