Money laundering fight: AFP battles to confiscate $30m in alleged Russian racket on Gold Coast.
The money is sitting in bank accounts on Queensland's Gold Coast, which nine Russian nationals set up during visits to the tourism mecca.
The AFP was due to lodge a forfeiture order to confiscate the Russian millions in the District Court today but that has been postponed until August.
It comes as global corruption fighters meet in Brisbane this week to devise a plan to lobby G20 leaders on better ways to battle cross-border crime.
Brisbane is the host city for the G20 Leaders Summit in November this year, the principal forum for international economic cooperation and decision-making.
The founder of the Russian chapter of Transparency International, Elena Punfiliva, says the case is a sign Australia needs to overhaul its money laundering protection.
Ms Punfiliva is attending the conference that begins in Brisbane today and says the battle over the Russian millions is proof Australia is an easy target.
She says Australian banks should be asking more questions.
"[It's] a little bit too late to ask through police procedure, through investigation procedure," she said.
"In a theoretically ideal world, those questions should be asked when money
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