25th September 2020
The Pakistan government has filed a Rs 7 billion (USD 41.9 million) money laundering case against the Leader of the Opposition Shahbaz Sharif and his family. Shahbaz, 69, is the younger brother of former premier Nawaz Sharif. He served as chief minister of Punjab from 2008 to… Read More
25th September 2020
A law firm owned by Rickey Tarfa, a senior lawyer facing trial over bribery allegations in Nigeria, has appeared in leaked suspicious activity reports filed with the United States’ Financial Crimes Enforcement Network (FinCEN). The SAR filed on Rickey Tarfa & Co showed 427 suspicious wire transfers, totalling $2,261,181.22,… Read More
25th September 2020
Ukrainian oligarch Dmytro Firtash siphoned off more than $190 million of state loans his bank received in the wake of the global financial crisis, part of which he ploughed into a deal to privatize a titanium manufacturing company, according to leaked documents. Bank filings and details from a criminal investigation… Read More
24th September 2020
By Tanya Kozyreva, Michael Hudson, Spencer Woodman, Will Fitzgibbon, Agustin Armendariz, Golden Matonga, Delphine Reuter, Micah Reddy and Fergus Shiel, ICIJ, 23 September 2020 ICIJ — Ivor Ichikowitz recoils at the arms industry’s “reputation for being very cloak-and-dagger.” “We are not in the destroying-anything business,” the 53-year-old founder of South… Read More
24th September 2020
A British parliamentary committee that scrutinizes financial affairs has asked the government and securities regulator to look into reports that the U.S. considers the country a “higher risk” jurisdiction for money laundering and economic crime. In one of the first responses by U.K. politicians to leaked U.S. regulatory documents, Mel… Read More
24th September 2020
The United States on Tuesday imposed sanctions on Venezuelan lawmakers it accused of supporting the country’s leftist leader, Nicolas Maduro, and his planned legislative elections that Washington has said will likely be rigged. The Treasury in a statement accused the five blacklisted individuals of having acted as part of a… Read More
23rd September 2020
Government plans an investigation into Trafigura, a minority owner in state-owned mining firm Terrafame, amid suspicions that it laundered hundreds or millions of euros through tax havens, according to Economic Affairs Minister Mika Lintilä (Cen). The revelations emerged from a major leak of confidential documents to US news site… Read More
23rd September 2020
Malta police arrested Keith Schembri, who was the chief of staff of former Prime Minister Joseph Muscat, early on Tuesday as part of an investigation into money laundering of funds derived from kickbacks on sales of Maltese passports. Schembri was arrested just after midnight, hours after a court issued an… Read More
22nd September 2020
By Simon Bowers, Karrie Kehoe and Holger Roonemaa, ICIJ, 21 September 2020 ICIJ — The Estonian banker was frantic: A whistleblower inside the bank suspected nine anonymous companies — all registered in the United Kingdom — of serious financial crimes and was threatening to go to authorities. “The whistleblower demands… Read More
22nd September 2020
By Sasha Chavkin and Patricia Marcano, ICIJ, 21 September 2020 ICIJ — On a rusty gas stove in Selena Ramirez’s apartment, a small flame was glowing. Ramirez, 69, shares the apartment with her daughter and 11-year-old grandson. It is on the ground floor of a government housing complex in San Francisco… Read More