22nd July 2016
As the Nigerians, South Africans and CNN would probably tell you, Kenyans on Twitter are not so forgiving of perceived slights and before long you’ll not only have a hashtag created in your honour, but it’ll likely be trending. Read More
22nd July 2016
Malaysia’s prime minister said Thursday he is serious about good governance and vowed to “fully cooperate” with a U.S. investigation into a $3.5 billion scandal involving a state fund he headed. The comments by Prime Minister Najib Razak were his first since the U.S. Department of Justice revealed in Los… Read More
22nd July 2016
The U.S. government asked a federal appeals court on Thursday to block the release of a report detailing how HSBC Holdings Plc (HSBA.L) is working to improve its money laundering controls after the British bank was fined $1.92 billion. In a brief filed with the 2nd U.S. Circuit Court… Read More
21st July 2016
The wife of Nigerian President Muhammadu Buhari has not taken kindly to suggestions from an opposition governor that she was involved in a U.S. corruption scandal. Aisha Buhari, the spouse of President Buhari since 1989, is reportedly preparing to sue Peter Ayodele Fayose, the governor of the central Nigerian state… Read More
21st July 2016
The officials along with hundreds of others were indicted in the massive anti-corruption campaign initiated by President Xi Jinping since he took over power in 2014. Read More
21st July 2016
Singapore plans to take "firm regulatory actions" against four major banks over their dealings with scandal-ridden Malaysian state fund 1MDB. Read More
21st July 2016
Austria’s Justice Ministry is expected to announce corruption charges against the country’s former Finance Minister Karl-Heinz Grasser later today following a seven year investigation. Read More
21st July 2016
A Dutch court has ordered the confiscation of 123 million euros ($135 million) in assets from a Dutch-based company that prosecutors alleged was used by two telecoms companies to bribe Gulnara Karimova, the elder daughter of Uzbekistan’s president, to secure local operating licenses. The Amsterdam court said in a ruling… Read More
21st July 2016
The eldest son of Bangladesh’s opposition leader and former premier Khaleda Zia was today sentenced to seven years in prison for laundering nearly $2.5 million. The High Court overturned a trial court’s verdict that acquitted Tarique Rahman, 48, from money laundering charges. The court sentenced him to seven years in… Read More
20th July 2016
Romania’s anticorruption prosecutors sent to trial Craiova’s mayor Lia Olguta Vasilescu. They charged her with bribery, using authority to extort money, and money laundering. Radu Cosmin Preda, the former public administrator of Craiova, was indicted in the same case for complicity to bribery and abetting money laundering whereas Elena Daniela… Read More