22nd August 2016
CMED (Pvt) Ltd officials have been accused of collecting fuel from the National Oil Infrastructure Company (NOIC) reportedly for Government business, only to divert it to private service stations for resale, prejudicing the State of millions of dollars in revenue. Government departments collect fuel from NOIC… Read More
10th August 2016
Rizal Commercial Banking Corp (RCBC) officials say they have preserved ties with major U.S. banks despite the use of one of its branches in Manila by cyber criminals to funnel $81 million stolen from the Bangladesh central bank’s account at the Federal Reserve Bank of New York. The money was… Read More
10th August 2016
In 2011, amid a crackdown on international money laundering, the U.S. Treasury Department tried to close a loophole that authorities said allows drug cartels to move bulk cash across borders on gift and other prepaid cards. The department’s Financial Crimes Enforcement Network (FinCEN) proposed that money stored on these cards… Read More
9th August 2016
Exposing Graft Cost Official His Job, Led to Charges Read More
8th August 2016
President Rodrigo Duterte of the Philippines launched a purge of the ranks of politicians, judiciary and the armed forces Sunday by publicly announcing names of over 150 people he accused of being involved in illegal drug-related corruption. Duterte gave the people he named 24 hours to turn themselves in to… Read More
5th August 2016
Since the coup attempt on July 15, Turkey’s president, Recep Tayyip Erdoğan, has been giving many interviews to international media, trying to defend what the observers named the #TurkeyPurge—the unprecedented scale of mass dismissals and detentions of state employees from all branches of the government. According to Amnesty Inernational, more than 15,000 people… Read More
4th August 2016
President Obama on Wednesday announced he had commuted the sentences of another 214 federal inmates, nearly all of whom were locked up on drug offenses, continuing the White House’s attempt to redefine the criminal justice system’s approach in dealing with nonviolent drug crimes. “All of the individuals receiving commutation today… Read More
29th July 2016
The European Union’s top court on Thursday dismissed an appeal by Zimbabwe’s former attorney general and others against an EU-wide travel ban and asset freeze imposed for human rights infringements. The European Union began restrictive measures against certain people and entities in Zimbabwe in 2002. Johannes Tomana, then attorney general,… Read More
20th July 2016
The man found with over $22 million in suspected drug cash hidden inside his Miami Lakes home pleaded not guilty Tuesday as prosecutors filed formal charges against him. The arraignment for Luis Hernandez-Gonzalez came several weeks after Miami-Dade police, in a record-setting bust, found the cash, most of it stuffed… Read More
14th July 2016
The Chinese government likely hacked computers at the Federal Deposit Insurance Corporation in 2010, 2011 and 2013 and employees at the U.S. banking regulator covered up the intrusions, according to a congressional report on Wednesday. The report cited an internal FDIC investigation as identifying Beijing as the likely perpetrator of… Read More