23rd March 2021
Latvia’s former politicians Andris Skele and Ainars Slesers are facing criminal charges that have been brought against them  as part of a criminal probe into the so-called digital TV case, LETA learned. Aiga Eiduka, a spokeswoman for the prosecutor’s office, told LETA that one of the persons charged in this… Read More
23rd March 2021
Julius Baer Group AG moved to claw back bonuses for bankers involved in a Latin America money laundering scandal that prompted a regulatory probe, the second Swiss bank in less than a week to announce such a step. The bank, which published the decision in its annual report Monday,… Read More
23rd March 2021
ABN Amro did not have proper checks on potential fraud and money laundering in place until well into 2019, the Financieele Dagblad said on Monday. This is around a year after ING reached an out of court settlement with the public prosecution department over its regulatory failures, which should have… Read More
22nd March 2021
Saudi Arabia’s Oversight and Anti-Corruption Authority announced on Sunday it has initiated a number of criminal cases. The authority said it had taken over eight cases and legal procedures against the accused were underway. In the first case, three individuals have been arrested for allegedly embezzling more than SR5 million… Read More
22nd March 2021
A government pensioner was charged in the Sessions Court here today with eight counts of money laundering involving a total of RM753,220 allegedly from smuggling of elephant tusks. Md Nawi Ab Aziz, 70, who is a former school clerk, however, pleaded not guilty to all the charges before judge Mohd… Read More
22nd March 2021
More than 1,500 suspected gangsters have been arrested in Britain’s biggest organised crime investigation, figures show. Cocaine and heroin with a street value of hundreds of millions of pounds, as well as more than £56 million in cash and 115 guns have been seized as part of the investigation into… Read More
22nd March 2021
The ABN AMRO board of directors already knew about the problems with money laundering in 2014, but stopped a research project into this in collaboration with the Public Prosecution Service (OM) at the last minute. This was reported by the investigative journalist organization Follow the Money (FTM) based on confidential… Read More
22nd March 2021
A top aide to former Maltese prime minister Joseph Muscat accused of graft by journalist Daphne Caruana Galizia, whose brutal murder rocked the nation, was charged on Saturday with money laundering and fraud. Anti-corruption campaigners hailed the prosecution of Keith Schembri as a vindication of the work of… Read More
22nd March 2021
Ten Iranian nationals were charged in the U.S. with using shell companies to disguise transactions, including the purchase of two $25 million oil tankers, in an effort to dodge American sanctions on the mideast nation. The charges, originally filed in October, were unsealed Friday in Los Angeles. “Through the use… Read More
22nd March 2021
James Packer’s Crown Resorts empire told its employees to use codewords when discussing its operations in China as part of efforts to avoid a crackdown on gambling by authorities, according to court documents. The codewords were allegedly used as part of efforts by Crown to conduct its operations in… Read More