8th January 2021
Danish prosecutors said on Thursday they had dropped charges against six former Danske Bank employees as part of an investigation into the bank’s involvement in one of the world’s biggest money laundering scandals. Danske Bank is under investigation in several countries, including the United States, over some 200 billion euros… Read More
8th January 2021
U.K. police seized a Porsche Cayenne and a luxury penthouse apartment from a convicted murderer as part of its push to crack down on dirty money. The assets, with a combined value of more than 800,000 pounds ($1.08 million), belonged to Mohammed Nisar “Meggy” Khan, the National Crime Agency said… Read More
8th January 2021
Organised crime gangs are exploiting lax property and benefits rules to bank large sums of taxpayers’ money, says the head of Britain’s second biggest police force. Chief Constable Sir David Thompson, head of West Midlands Police, said criminals were laundering their dirty money into property that they rented out… Read More
8th January 2021
Indonesia’s anti-money laundering agency has temporarily frozen bank accounts belonging to the recently outlawed Islam Defenders Front (FPI) and its affiliated groups on suspicion of money laundering. Financial Transaction Reports and Analysis Centre (PPATK) public affairs unit head Natsir Kongah said on Tuesday (Jan 6) that the move was in… Read More
8th January 2021
China sentenced Hu Huaibang, a former chairman of the nation’s biggest policy bank, to life imprisonment on charges of corruption, the second harsh punishment doled out this week in a sign President Xi Jinping is escalating a campaign to crack down on lawbreaking state officials. Hu was found guilty of… Read More
8th January 2021
By Zdravko Ljubas, OCCRP, 6 January 2021 OCCRP – After officials at the Johannesburg airport arrested three men who tried to smuggle gold bars in their hand luggage, the South African Police Service (SAPS) said Monday that it has launched an investigation… Read More
8th January 2021
By Jullet Pineda Sleinan, OCCRP, 6 January 2021 OCCRP – Authorities in Guatemala have detained seven people in raids on 20 properties as part of an investigation into a conspiracy to launder more than US$7 million in drug money. The country’s Public Ministry announced on Monday… Read More
7th January 2021
France’s highest court has ordered a retrial of members of the art-dealing Wildenstein family who were acquitted of tax fraud in 2018. Guy Wildenstein, a close friend of former president Nicolas Sarkozy, and other family members, known in France as “les W”, were cleared of hiding an estimated €550m… Read More
7th January 2021
In the early 1500s a young Henry VIII visited Lullingstone Castle to take part in jousts and hunts in its extensive grounds. Hundreds of years later, the Kent estate was where Simon Giles, 41, chose to buy a home. It is said that when he was learning to fly he… Read More
7th January 2021
A tribunal report has laid bare how Deloitte and two of its former audit partners succumbed to pressure to help Autonomy meet market expectations. Autonomy, founded by Mike Lynch, was the sole FTSE 100 audit client of Deloitte’s Cambridge office in 2009, when the software company’s revenue figures began to… Read More