1st November 2017
HSBC is being investigated by the British Serious Fraud Office and other agencies for its ‘complicit role’ in an alleged money laundering network operated by wealthy connections of South African President Jacob Zuma. The alleged role of the bank is also being examined by the National Crime Agency and… Read More
1st November 2017
1 November 2017 Malaysia is investigating an alleged attempt to sell the data of more than 46 million mobile phone subscribers online, in what appears to be one of the largest leaks of customer data in Asia. The massive data breach, believed to affect almost the entire population of Malaysia,… Read More
1st November 2017
Retired Army officer Ian Foxley thought he had found his dream job overseeing a £1.96 billion ($2.6 billion) contract for upgrading defence telecommunications in Riyadh, Saudi Arabia. Instead, he uncovered what he believed was evidence of a multi-million-pound bribery scheme, and tried to blow the whistle, deciding to flee the… Read More
1st November 2017
Hours after a truck driver mowed down eight cyclists, in what is being called the first deadly attack in New York since the 11 September, 2001 strikes, United States president Donald Trump said that he had ordered more robust “extreme vetting” of travellers coming into the country. “I have just… Read More
1st November 2017
One of the shell companies that Paul Manafort allegedly used to launder money was the subject of an arbitration claim the former Trump campaign manager brought, according to a document obtained by MarketWatch. In 2012, Manafort filed an arbitration claim against Ameriprise Financial Services — which he lost — over… Read More
1st November 2017
Gupta-owned and linked companies were turned away from Postbank, after they requested opening a bank account with the South African Post Office’s (SAPO’s) bank. This was revealed in written Parliamentary papers on Tuesday. “No member of the Gupta family approached the Postbank to open up an account,” said Telecommunications… Read More
1st November 2017
1 November 2017 Russian lawyer Natalia Veselnitskaya, who met with Donald Trump Jr. during the 2016 U.S. presidential campaign, wants permission to return to the United States to defend a claim by prosecutors that her client’s company has failed to pay a $6 million settlement in an international money laundering… Read More
31st October 2017
North Korea has hit back at the UK government for accusing it of being behind a massive ransomware attack that badly affected the National Health Service (NHS). A UK government minister last week told the BBC he was “as sure as possible” North Korea was behind the attack. But a… Read More
31st October 2017
Swiss prosecutors are seeking a court ruling that would make it easier to convict whistleblowers for breaking the country’s bank secrecy law wherever they are in the world, legal documents show. The Swiss Banking Act requires employees of Swiss-regulated banks to keep client information confidential, but a number of staff… Read More
31st October 2017
By Tanza Loudenback, UK Business Insider Paul Manafort, President Donald Trump’s former campaign chairman, was indicted by a grand jury on Monday morning along with his business associate Rick Gates on a range of charges, including laundering over $21 million. The hidden millions were used “to enjoy a lavish lifestyle… Read More