11th August 2020
By Héctor Silva Ávalos and Parker Asmann, InSightCrime, 10 August 2020 InSightCrime – The indictment of a former economics minister in Guatemala for money laundering — some of the very same charges he faced in his home country — shows how US prosecutors have been willing to pick up… Read More
11th August 2020
Pakistan’s anti-graft court indicted former President Asif Ali Zardari on charges of corruption, as the opposition groups accused the government of Prime Minister Imran Khan of persecution. Azam Khan, a judge of an accountability court, formally framed charges against Zardari for buying assets overseas from undeclared sources, Muzafar Abbasi, a… Read More
11th August 2020
AP – Malaysia’s former finance minister pleaded not guilty Monday to a second corruption charge related to a $1.5 billion undersea tunnel project and slammed the case as a trumped-up charge by the new government. Lim Guan Eng, 59, was first charged Friday with soliciting 10% of potential profits… Read More
10th August 2020
Barclays Plc (BARC.L) is being probed by the United Kingdom’s privacy watchdog, the Information Commissioner’s Office (ICO), over allegations that the British bank spied on its staff, the agency said on Sunday. Earlier this year, Barclays said it was changing a system that the bank was piloting, which tracked… Read More
7th August 2020
U.S. prosecutors charged Guatemalan former Economy Minister Asisclo Valladares on Wednesday with helping launder nearly $10 million in cash from drug traffickers and a corrupt politician. Valladares, a prominent official in the administration of former President Jimmy Morales that ended in January, used the proceeds of the laundering scheme to… Read More
6th August 2020
Mohammed Adoke, a former Attorney General of the Federation and Minister of Justice on Tuesday pleaded not guilty to the amended charges of money laundering filed against him by the Economic and Financial Crimes Commission (EFCC). Adoke, alongside Aliyu Abubakar who is an Abuja-based businessman are facing a seven-count charge… Read More
5th August 2020
The coronavirus is likely to trigger a tsunami of U.K. fraud cases when courts and law enforcement get back to full strength, accounting firm KPMG warned. Although there have been fewer fraud cases compared to previous years, that will change as the courts get back on their feet, KPMG said… Read More
5th August 2020
When Spain’s royal palace announced Monday that former Spanish King Juan Carlos was leaving the country, it omitted a key detail. Where exactly had he gone? On Monday, several media outlets reported the former king had traveled to the Portuguese town of Cascais, where he spent parts of… Read More
5th August 2020
AP – General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union officials and GM employees with millions stashed in secret foreign bank accounts. GM alleges that bribes were paid to former United Auto… Read More
4th August 2020
Lawyer Mohd Hafarizam Harun on Monday (Aug 3) claimed trial to three money laundering charges for receiving RM15 million (S$4.9 million) in illicit funds from former premier Najib Razak in 2014 and 2015. Hafarizam, a legal adviser for Umno, pleaded not guilty when the three charges were read out to… Read More