14th October 2016
South Africa’s anti-graft watchdog has deferred release of a report into allegations of political interference by wealthy friends of Jacob Zuma in a move critics of the president fear could lead to a watering down of its conclusions. A court application by Zuma had obliged Thuli Madonsela, head of the… Read More
14th October 2016
Two former employees of Micro 2000 Technology were charged with corruption on Friday (Oct 14). Ng Jun Siang, a former team leader for Customer Service Officers (CSOs), is accused of 26 counts of corruptly accepting gratification amounting to S$238,530, according to the Corruption Practices Investigation Bureau (CPIB). The court heard that… Read More
13th October 2016
Three associates of Hizbullah party suspected of laundering cocaine money for the Colombian cartel have been busted after agents said they illegally moved $500,000 into Miami banks through a series of complicated financial transactions stretching from Australia to Europe, the Miami Herald reported. Mohammed Ahmad Ammar, 31, is… Read More
13th October 2016
Embraer SA is close to completing agreements with U.S. and Brazilian investigators to settle allegations of corruption that have hovered over the aircraft maker since 2011. Final agreements — with the U.S. Justice Department and Securities and Exchange Commission and with Brazil’s federal public prosecutor and market regulator CVM —… Read More
13th October 2016
A Tenaga Nasional Berhad (TNB) officer was charged at the Kota Baru Sessions court here today for 13 charges of corruption and money laundering amounting RM125,200 three years ago. Arman Che Othman, 47, pleaded not guilty to the charges read before judge Hazri Ismail. For the first and second charges,… Read More
12th October 2016
The Mexican governor of the Gulf state of Veracruz said on Wednesday he would resign just weeks before his term ends in order to face corruption charges that have become an embarrassment for the country’s ruling party. Javier Duarte, from the ruling Institutional Revolutionary Party (PRI), denied taking “one cent”… Read More
12th October 2016
Whilst a major exhibition by the Italian Renaissance painter Caravaggio prepares to launch at the National Gallery in London, the Wildenstein money-laundering trial involving a key painting by Caravaggio continues in Paris. The Painting which is now in storage in Switzerland complicates issues around the estate of Daniel Wildenstein, Guy Wildenstein’s father. Read More
11th October 2016
South African prosecutors on Tuesday ordered Finance Minister Pravin Gordhan to appear in court on Nov. 2 over allegations he broke public finance rules by granting a colleague early retirement, news that sent the rand and share prices reeling. The currency dropped as much as 3.4 percent against the dollar… Read More
11th October 2016
Prosecutors in Peru have begun investigating the country’s former president as part of a probe already accusing his wife of money laundering. President Ollanta Humala’s term ended this year in the South American country. Prosecutor German Juarez said Monday that a criminal investigation was widening to include Humala, the former… Read More
11th October 2016
Two people have been arrested on suspicion of illegal money lending and money laundering following an operation in Acton and Earl’s Court. The 64-year-old man and 69-year-old woman were picked up following an operation by the England Illegal Money Lending Team (IMLT) working in partnership with Kensington and Chelsea and… Read More