19th September 2016
Twenty officials with the Arab Balad party arrested, may face charges of aggravated fraud, falsifying corporate documents, forgery, campaign financing violations Read More
16th September 2016
DoJ claim against Deutsche far outstrips the bank’s and investors’ expectations for such costs Read More
16th September 2016
A money laundering and bribery investigation in Australia has reached India. Several bank transfers and over two dozen accounts operated by an Australian company Getax, owned by Indian-origin Guptas, are being probed by the Australian Federal Police (AFP). In India, the Central Board of Direct Taxes (CBDT) is looking at… Read More
16th September 2016
Brazil’s former president Luiz Inacio Lula da Silva made on Thursday an emotional speech challenging the prosecutors who denounced him for corruption and money laundering to find any evidence against him. On Wednesday, prosecutors accused Lula, who served as president from 2003 to 2010, of leading a vast corruption ring… Read More
16th September 2016
The wife of a suspected Chinese-Australian money launderer who allegedly turned over more than $850 million at Crown Casino has failed in her bid to access a Californian luxury home held under proceeds of crime laws. High-stakes gambler Dan Bai Shun Jin is under investigation by the Internal Revenue Service in the United States and Australian Federal… Read More
15th September 2016
Quebec securities officials are investigating possible connections between a Montreal Chabad group and an alleged money-laundering scam involving the ex-CEO of Amaya Inc., the world’s largest publicly traded online gambling company. David Baazov, 35, is facing charges filed in March that he tried to influence the Amaya stock price by… Read More
15th September 2016
CBI has registered a case of alleged corruption against the then Chairman-cum-Managing Director of United Bank of India Archana Bhargava and two companies. During searches, CBI has recovered cash, jewellery and investment details to the tune of over Rs 10 crore which are allegedly in her and her family members’… Read More
15th September 2016
Nigeria’s former first lady has run out of patience with the country’s anti-corruption agency. The wife of former Nigerian President Goodluck Jonathan is taking the Economic and Financial Crimes Commission (EFCC) to court after the agency froze four bank accounts allegedly containing $31.5 million, which the ex-first lady says belongs… Read More
15th September 2016
Brazilian federal investigators have charged former president Luiz Inacio Lula da Silva with money laundering and corruption. The charges are in connection with a sprawling corruption investigation at state-run oil giant Petrobras. Silva, his wife and five others are accused of illegally benefiting from renovations at a beachfront apartment in… Read More
14th September 2016
Britain’s markets regulator is seeking to ban a former Barclays executive from holding senior financial services jobs, alleging he recklessly made misleading statements about a critical 2012 report into the culture of a U.S. division unit. The Financial Conduct Authority (FCA) alleged Andrew Tinney, the former global chief operating officer… Read More