25th September 2020
A fund that is listed on the Dublin Stock Exchange transferred $23.5 million (€20 million) to a company which a major US bank later became concerned might be linked to a notorious Russian gangster, according to a leaked report seen by The Irish Times. The report was filed in September… Read More
25th September 2020
The UK is drawing up “Magnitsky”-style human rights sanctions against officials in Belarus responsible for administering the rigged re-election of president Alexander Lukashenko or directing the violent suppression of subsequent street protests. The foreign secretary, Dominic Raab, said on Thursday that he will introduce the sanctions in conjunction… Read More
25th September 2020
An unprecedented leak of thousands of files from the U.S. government’s most confidential financial intelligence database has shone a spotlight on the world’s $2 trillion-a-year dirty money habit. In spite of the excellent media coverage, this story goes much deeper than the “bad bankers” narrative being trotted out by many… 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
25th September 2020
Police have carried out searches in Glasgow and Essex after a tonne of cocaine worth up to £100 million was seized. The drugs had been concealed in pallets of fruit and were found early on Tuesday in a shipment that had arrived at the port of Dover on a vessel… 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
BuzzFeed News — With a website claiming more than 200 employees and an office in a business complex in the middle of Singapore, Ask Trading — “a trading and investment company focusing on the Russia/CIS market” — might appear to be a thriving midsize business. But actually it’s… Read More
24th September 2020
BuzzFeed News – In 2014, the FBI was in the late stages of an elaborate sting. An undercover agent posing as an energy analyst leaked binders with fake commercial secrets to two Russian spies operating in New York. The spies took the binders back to the “Rezidentura,” the New… Read More
23rd September 2020
The collapse of Choice Bank, an obscure entity in Belize, went largely unnoticed in 2018. But Americans were among the uninsured depositors filing claims in its failure, totaling $100 million. Some said they were startled to learn that their money was trapped in a small bank in Central America. They… Read More
23rd September 2020
By Kyra Gurney, ICIJ, 21 September 2020 ICIJ — After three years of digging, investigators in the United States had accumulated a mountain of evidence that they believed sealed the case against Kaloti Jewellery Group, one of the largest gold traders and refiners in the world. The Dubai-based conglomerate… Read More