Top Ohio lawmaker charged in $60 million bribery, corruption scheme
23rd July 2020
Top Ohio lawmaker charged in $60 million bribery, corruption scheme
A powerful Ohio lawmaker and four associates were arrested and charged on Tuesday in what federal authorities say was a $60 million bribery and corruption scheme. Ohio House Speaker Larry Householder, 61, was among five men taken into custody and changed in federal court Tuesday morning after FBI agents raided… Read More
Judge orders seizure of £5m London flat linked to Petrobras scandal
22nd July 2020
Judge orders seizure of £5m London flat linked to Petrobras scandal
A high court judge has allowed the seizure of a £5m luxury London apartment allegedly bought by a Brazilian businessman using “corrupt funds” linked to the multibillon-dollar Petrobras “Operation Carwash” money-laundering scandal. Judge Johannah Cutts accepted that, as part of an investigation, the Serious Fraud Office (SFO) could… Read More
Trial of ex-Pemex boss threatens to lift lid on Mexico’s ‘cash box’
22nd July 2020
Trial of ex-Pemex boss threatens to lift lid on Mexico’s ‘cash box’
The trial of a former boss of Petroleos Mexicanos threatens to expose years of alleged malpractice at the state oil company and provide a canvas for Mexico’s leftist president to depict rot at the heart of government that he has vowed to clean up. Once a symbol of Mexican self-reliance… Read More
European banking regulator to probe Luanda Leaks’ allegations
22nd July 2020
European banking regulator to probe Luanda Leaks’ allegations
The European Banking Authority will probe revelations contained in Luanda Leaks, an investigation led by the International Consortium of Investigative Journalists (ICIJ) into how billionaire businesswoman Isabel dos Santos made her fortune. Confirmation of the probe follows a demand by the European Parliament for the regulator to assess… Read More
US lawsuits claim Kuwaiti officials embezzled over $100M
21st July 2020
US lawsuits claim Kuwaiti officials embezzled over $100M
AP – The U.S. Justice Department has filed a series of lawsuits seeking to recover at least $104 million in funds allegedly embezzled by former officials in Kuwait’s Ministry of Defense. The seven lawsuits filed in U.S. District Court in Los Angeles claim the laundered funds were used to… Read More
Bogus companies, fake congregations, tax schemes — Goldstein’s years of fraud revealed
21st July 2020
Bogus companies, fake congregations, tax schemes — Goldstein’s years of fraud revealed
The Clarence S. Brooks Foundation is located in a nondescript three-story building on Wilshire Boulevard in Los Angeles that also has a Wells Fargo bank branch and an urgent care among its tenants. From there, the small charitable foundation established in 2004 that had $5.8 million in assets at the… Read More
Vatican legal fight over luxury flats
20th July 2020
Vatican legal fight over luxury flats
The secretive world of Vatican finances will be laid bare in a legal dispute examining the alleged use of charitable donations from churchgoers around the world to buy prime London property. Two claims have been lodged at the High Court against the Vatican over the purchase of 60 Sloane Avenue,… Read More
U.S. imposes sanctions on son of Nicaragua’s president
20th July 2020
U.S. imposes sanctions on son of Nicaragua’s president
The United States on Friday imposed sanctions on another son of Nicaraguan President Daniel Ortega, accusing him of corruption and spreading propaganda in the latest effort by Washington to put pressure on the leftist government. The Treasury Department in a statement said it blacklisted Juan Carlos Ortega Murillo alongside Jose… Read More
Money for Nothing: South Africa paid a firm millions for pretending to manage its properties
17th July 2020
Money for Nothing: South Africa paid a firm millions for pretending to manage its properties
By Khadija Sharife and Mark Anderson, OCCRP, 15 July 2020 OCCRP – A South African investment firm linked to the infamous Gupta family of businessmen charged a major state-owned company US$2.8 million for property management services that it never provided, OCCRP has discovered. The services were part of an… Read More
Malaysia in bid to restrain PetroSaudi from using alleged 1MDB funds in UK firm
15th July 2020
Malaysia in bid to restrain PetroSaudi from using alleged 1MDB funds in UK firm
The government has filed an application seeking to prohibit PetroSaudi International and its director Tarek Obaid from using over US$340 million in alleged funds from 1MDB kept in a client’s account of a UK law firm. In the application filed on July 10, the government contended that the US$340,258,246.87 in… Read More
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