Featured Bribery & Corruption

Energy Trader Vitol Paying $163 Million to Settle Corruption, Manipulation Charges

Swiss-based energy firm Vitol agreed to pay $163 million to settle criminal and civil charges that its employees paid bribes to gain an advantage when bidding for oil in Brazil, Mexico and Ecuador. Vitol’s deal with the Justice Department, announced Thursday in Brooklyn federal court, is the first in what… Read More

EU budget deadlock will hamper crime fight, EPPO warns

Europe’s newly established body to fight financial crime warned that the deadlock in approving the European Union’s next budget was threatening its ability to investigate crimes in the way EU funds are spent. The European Public Prosecutor’s Office (EPPO) will have to work with just its actual 65 staff –… Read More

Ex-Uzbek Boss’s Daughter Gets Chance at Frozen $350 Million

Gulnara Karimova, the daughter of late Uzbek president Islam Karimov, won a court victory in Switzerland that allows her to try to unblock $350 million in frozen assets in the latest chapter of a almost $1 billion corruption scandal. A federal appeal court upheld her claim that she was the… Read More
3rd December 2020
A Lebanese judge has filed corruption charges against eight former high-ranking security officers, including an ex-army chief and the former top brass of army intelligence, two judicial sources familiar with the matter said. The officers were formally accused of “committing the crime of illicit enrichment and exploiting their official positions… Read More
2nd December 2020
With only a day to go before the deadline for EU member-states to transpose the bloc’s Sixth Anti-Money Laundering Directive (6AMLD), significant questions remain unanswered about how it will be enforced on a national-level. In an apparent response to recent banking scandals, the directive will make the “aiding and… Read More
2nd December 2020
Britain’s audit sector, dominated by the so-called Big Four accountancy giants, is shortly expected to discover how it must reinvent itself amid a series of probes into alleged corruption, including one linked to the collapse of German electronic payments group Wirecard. UK authorities want the industry to separate audit and… Read More
2nd December 2020
A U.K. civil court froze up to $5 billion in assets including stakes in luxury hotels, cash in bank accounts in half a dozen countries and a Burger King franchise, as part of an international legal saga that ensnared Kazakhstan’s richest businessmen, according to court documents. The Business and Property… Read More
1st December 2020
Oil-services firm SBM Offshore NV is facing an investigation by the Swiss government into bribery allegations that the company said it has already paid hundreds of millions of dollars to resolve in three other countries. Amsterdam-based SBM Offshore said Monday that three of its subsidiaries had received notice of… Read More
1st December 2020
Indonesia’s Fisheries Minister Edhy Prabowo faces up to life in jail after being arrested by the country’s Anti-Corruption Commission over lobster larvae export permits. The Anti-Corruption Commission, known by its Indonesian acronym KPK, arrested Mr Prabowo and his wife Iis Rosita Dewi as they arrived at Jakarta airport from the… Read More
1st December 2020
Mexico has issued an arrest warrant for a former security minister wanted on corruption charges and may request his extradition from the United States where he is being held awaiting trial, an official told Reuters. Ex-Security Minister Genaro Garcia Luna pled not guilty last month to U.S. charges involving a… Read More
30th November 2020
It was perhaps the world’s most expensive wedding; an extravaganza costing tens of millions of pounds with performances by Jennifer Lopez, Sting and Enrique Iglesias, a fleet of Rolls Royces to ferry the guests and a 20-year-old bride wearing a $1m dress and a $5m crown. The groom, Said Gutseriev,… Read More
30th November 2020
By Lily Dobrovolskaya, OCCRP, 27 November 2020 OCCRP – An American airline that has been transporting protected witnesses for the U.S. government was once part-owned by two Russian organized crime figures, and is still owned by the son of their business partner, an OCCRP investigation has… Read More
27th November 2020
Peruvian politician Humberto Acuña was convicted of bribery committed while he was governor of a northern Peruvian state from 2011 to 2018, and still faces several other charges, including abuse of authority and criminal conspiracy. Still, the burly 54-year-old engineer is a powerful congressman for the Alliance for Progress Party,… Read More