8th October 2020
AP – The headquarters of the German soccer federation and the private homes of some of its members were searched early Wednesday as part of an investigation into tax evasion. The Frankfurt public prosecutor said about 200 officers were involved in the raids in the German states of Bavaria,… Read More
7th October 2020
A Saudi chief justice and seven other judges are being prosecuted for bribery, money laundering and influence peddling, in the latest crackdown on high-profile offenders in the Saudi Arabia, local media reported. A hearing was held to try the chief justice, charged with receiving a bribe, money laundering and abusing… Read More
6th October 2020
Sir Malcolm Rifkind had been more used to summoning ambassadors than visiting them. His spell as Foreign Secretary had been cut short, however, by a Conservative electoral collapse. Having lost his Commons seat too, in the first summer of the new millennium Rifkind approached the Czech embassy, a prize-winning concrete… Read More
6th October 2020
Seven of Republican Texas Attorney General Ken Paxton’s senior staff have asked federal officials to investigate possible bribery and abuse of office charges against him, dropping a bombshell on the vocal supporter of President Donald Trump who is already facing felony securities fraud charges from his time in the Texas… Read More
5th October 2020
Portuguese auditing companies that broke anti-money laundering laws while helping Angolan billionaire Isabel dos Santos grow her business empire should face criminal prosecution, the country’s regulator has said. The Securities Market Commission, CMVM in Portuguese, investigated nine auditing companies that worked with dos Santos following the publication of the Luanda… Read More
1st October 2020
Two American law firms have started building class action law suits against HSBC and Standard Chartered following allegations the banking giants failed to crack down on money laundering. Labaton Sucharow and Schall Law, which both have a track record of pursuing vast legal claims against listed companies, said they have… Read More
1st October 2020
Former International Monetary Fund (IMF) chief Rodrigo Rato was acquitted by a Spanish court on Tuesday of fraud charges and falsifying accounts, during the botched 2011 public listing of the major Spanish bank, Bankia. The National Court of Justice in Madrid also acquitted 33 further people and entities —… Read More
29th September 2020
A former president of Pakistan, Asif Ali Zardari, was indicted on Monday in a money laundering case, the latest legal action against him and one that his supporters say is part of a wider trend against politicians opposed to Prime Minister Imran Khan. Mr. Zardari is the widower of former… Read More
29th September 2020
China’s top anti-corruption body has said it will step up its efforts to target funds sent overseas by corrupt officials days after the Canada-based singer Wanting Qu demanded justice for her mother, who has been detained for six years on bribery charges. In a Sunday morning post titled Overseas Is… Read More
28th September 2020
More than $55m was transferred in and out of suspicious bank accounts linked to Lamine Diack, the disgraced former head of global athletics, and his son, Papa Massata, according to a huge leak of secret financial documents. Last week the Diacks were sent to prison for their part in… Read More