14th October 2020
Despite a high profile crackdown the Chinese government continues to support the sale of pangolin parts for use in traditional medicine, according to a new report. The Environmental Investigation Agency (EIA) found that 221 companies remain licensed to sell pangolin scale products, including global pharmaceutical company China Beijing Tong… Read More
14th October 2020
Deutsche Bank AG was fined 13.5 million euros ($16 million) by Frankfurt prosecutors over money-laundering violations related to work with Danske Bank A/S. The bank failed on more than 600 occasions to file timely alerts to authorities about suspicious transactions, Frankfurt prosecutors said in a statement Tuesday. A related criminal… Read More
14th October 2020
AP – An anti-corruption watchdog on Tuesday ranked the United States and United Kingdom as the largest exporters most active at enforcing rules meant to prohibit companies from paying bribes in foreign markets, but said many others are doing next to nothing. Berlin-based Transparency International said only four of… Read More
14th October 2020
Cyprus said it was suspending a controversial citizenship for investment programme on Tuesday following reports of abuses of a system that gives the rich a passport and visa-free travel throughout the EU. Criticism of the programme reached a head after the Al Jazeera network secretly filmed a state official, a… Read More
14th October 2020
By Šarūnas Černiauskas, Vlad Lavrov and Stas Ivashkevich, OCCRP, 13 October 2020 OCCRP — In December 2010, Alexander Lukashenko celebrated his fourth reelection as the president of Belarus. The fight was far from fair: Lukashenko’s rivals argued that the dictator had abused his power to secure the win. The international… Read More
14th October 2020
The billionaire financier Leon Black, one of Wall Street’s most powerful executives, was facing questions from clients after Jeffrey Epstein was arrested last year on federal sex trafficking charges. The two men had known each other for decades, and investors of Mr. Black’s investment company, Apollo Global Management, wanted… Read More
14th October 2020
While the world looks to next month’s U.S. election for clues on the future of the standoff with Iran, candidates are preparing for another vote that may prove just as pivotal. Next June, Iranians will also elect a new president, as the era of Hassan Rouhani, who staked… Read More
14th October 2020
A developer owned by a controversial Chinese casino mogul the U.S. has designated a transnational crime boss is building a new port on the Mekong River in Laos near the Golden Triangle Special Economic Zone, the latest Chinese-backed infrastructure project in the country, sources in Laos told RFA. Featured prominently… Read More
14th October 2020
Free-trade zones (FTZs) are designed to attract trade by suspending the collection of customs duties. These incentives are frequently coupled with advantages such as simplified customs inspection procedures, liberalised incorporation regimes and physical infrastructure superior to that available elsewhere in the same country. These features can be attractive to legitimate… Read More
14th October 2020
Commissioner Patricia Bergin, SC, has scorched Crown Resorts’ risk management strategies as counterproductive “gobbledygook” for the average employee as part of the NSW inquiry into the casino giant. Toni Korsanos said she was unaware of debate surrounding her status as an “independent” director when she joined Crown’s board in… Read More