11th July 2016
A British tax consultant who stole HK$31 million from four clients was jailed for nine years in the High Court on Monday. Deborah Annells, 57, was earlier convicted of 47 charges of theft, fraud and possession of a false instrument. Together with an earlier conviction for perverting the course… Read More
11th July 2016
MUMBAI: Diageo Plc may reduce the $75-million settlement it reached with Vijay Mallya earlier this year after its Indian unit United Spirits LtdBSE -0.73 % (USL) uncovered “improper transactions” amounting to Rs 1,225.3 crore. That’s not all. USL may lay claim to Mallya’s stake in the Force India Formula One… Read More
11th July 2016
CARACAS, Venezuela — Jannet Almeida, a local representative of the Panamanian law firm of Mossack Fonseca, which is at the center of the Panama Papers offshore scandal, has been arrested by Venezuelan authorities in Caracas. “The woman was in charge of seeking customers to invest illicit funds in outsourcing-type business… Read More
11th July 2016
Congress leader Anirudh Singh told reporters, that the BJP Government is trying to defame and harass him and his family in different ways, adding that the Chief Minister will not resign over false allegations by BJP government. Read More
11th July 2016
The Attorney General's office stressed that the inquiry was not a criminal investigation. Read More
8th July 2016
President Yahya Jammeh on Wednesday at State House received the Banjul Muslim elders after the Eid prayers. He informed them about the recent arrest and dismissal of some government officials. President Jammeh spoke at length about corruption, and the offences allegedly committed by some government officials. He first mentioned the… Read More
8th July 2016
Brazilian congressman Eduardo Cunha, who led the drive to impeach Dilma Rousseff, stepped down as lower house speaker on Thursday following allegations of corruption. He announced his decision in a press conference in Brasilia, at times choking up with emotion, saying his decision would help ease the political instability that… Read More
8th July 2016
Two former Regions Bank executives were indicted on charges of wire fraud, bank bribery and money laundering for their alleged role in a multimillion-dollar conspiracy to defraud the Birmingham-based banking giant. A federal grand jury indicted Richard Henderson and Philip Cooper, both former executives with Regions Equipment Financing… Read More
7th July 2016
Spain and Portugal were hit by a European Union move to fine them for breaching budget deficit limits in an unprecedented step to enforce rules designed to avert another debt crisis. European finance ministers must now decide whether to back the proposal by the European Commission. Should the recommendation be… Read More
7th July 2016
Thousands of protesters on Thursday stormed the major streets of Ado-Ekiti, the capital of Ekiti State, calling for the immediate resignation of Governor Ayodele Fayose on account of his involvement in a N4.7 billion fraud and corruption case under investigation by the Economic and Financial Crimes Commission (EFCC). Read More