3rd June 2020
A new side effect of remote working, layoffs and furloughs stemming from the coronavirus pandemic: more whistleblowers. The U.S. Securities and Exchange Commission received about 4,000 tips, complaints and referrals of possible corporate wrongdoings from mid-March to mid-May, said Steven Peikin, co-director of the SEC’s enforcement division. That number is… Read More
3rd June 2020
The Corruption Eradication Commission (KPK) has arrested former Supreme Court secretary Nurhadi and his son-in-law Rezky Herbiyono for alleged graft surrounding a private property in South Jakarta. Nurhadi and Rezky were arrested at 9:30 p.m. on Monday evening and have since been detained at the KPK headquarters for questioning, according… Read More
2nd June 2020
OCCRP—When Eldar Mahmudov fell out of favour with Azerbaijan’s government, he fell hard. In October 2015, the country’s national security minister was dismissed from his powerful role by a presidential order. Within days, wild stories peppered local media outlets about raids on his villa, where police discovered glass jars… Read More
2nd June 2020
It is a sheaf of paper just 15mm thick. But the ink on its pages records kickbacks totalling R9-billion paid or pledged to the Guptas and their associates. These pages and offshore banking data tell the story of how Transnet’s ambitious plan a decade ago to renew its locomotive fleet… Read More
2nd June 2020
Former finance minister Lim Guan Eng asked the Attorney-General’s Chambers (AGC) to lift the restrictions on the bank accounts of a prominent property tycoon, frozen over some RM4 million worth of transactions in 1MDB-linked funds, despite failing to recover the bulk of the money, a revelation that comes less than… Read More
2nd June 2020
Sudanese authorities have begun to recover billions of dollars of real estate illegally amassed by deposed ruler Omar Bashir’s regime, but other assets will be difficult to seize, experts say. “Initial estimates indicate that the real estate and properties owned by the former regime … range (in value) from $3.5… Read More
2nd June 2020
Global commodities trader Trafigura is under investigation by US authorities for alleged corruption and market manipulation relating to oil trading, the Guardian has learned. The Commodities and Futures Trading Commission (CFTC) is leading a far-reaching probe into the activities of the oil and metals trading house, including its… Read More
2nd June 2020
Bosnia’s state court ordered the release on Sunday of a regional prime minister and two other men suspected of corruption in connection with the import of defective ventilators for coronavirus patients. Turning down a prosecution request for the three to be detained for 30 days, the Court of Bosnia-Herzegovina said… Read More
1st June 2020
A string of luxury properties, including a £17m home near Harrods, were acquired by the children of Azerbaijan’s former security chief, an investigation has revealed. Eldar Mahmudov was dismissed as national security minister by a presidential order in 2015. No official explanation was given for his removal. Now, caches… Read More
1st June 2020
Tens of millions of euros have been frozen in Swiss banks as part of the investigation into a Vatican property investment, according to a Swiss media report. Swiss authorities have also forwarded documents to Vatican prosecutors, as part of an investigation into investments made by the Holy See Secretariat of… Read More