8th December 2020
A Vienna court on Friday sentenced a flamboyant, jet-setting former Austrian finance minister to eight years in prison in the country’s biggest corruption trial since World War II. Karl-Heinz Grasser was found guilty of abuse of power and involvement in kickbacks totalling 9.6 million euros ($11.7 million) over the sale… Read More
7th December 2020
By Antonio Baquero, Dana Priest, Nina Lakhani, Paloma Dupont de Dinechin, Joaquín Gil and Álex Gutiérrez, OCCRP, 6 December 2020 OCCRP — The government of Mexico made Fidel Herrera Beltrán its consul in Barcelona, but there was considerable doubt about his true loyalties and interests during his time in Spain. Read More
7th December 2020
Spain’s scandal-hit former king Juan Carlos I has submitted a declaration to the Spanish tax office seeking to put his financial situation in order, El Pais newspaper reported on Sunday. The voluntary declaration was presented by his lawyer with sources telling the paper the move was in connection with an… Read More
7th December 2020
Bosnia’s State Prosecution has filed an indictment against the Federation entity, Prime Minister, Fadil Novalic, and several others in a corruption case concerning overpriced ventilators. Federation entity Prime Minister Fadil Novalic and other others are accused of conspiring to “abuse office, accept rewards for trading influence, money laundering and document… Read More
4th December 2020
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
4th December 2020
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
4th December 2020
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