10th October 2016
Corruption remains a destabilizing factor for the judicial system in Ukraine, Head of the European Commission for Democracy through Law (Venice Commission) Gianni Buquicchio has said. “Corruption remains a destabilizing factor for the judiciary. In practice, we distinguish between political and ordinary corruption. Political corruption seems to have been reduced… Read More
7th October 2016
An internal probe at Brazil’s Eletrobras is finding signs of corruption in as many as seven large projects at the state-led utility in addition to the two facilities where police have already made arrests in a graft probe, a source with direct knowledge of the situation told Reuters. The internal… Read More
7th October 2016
Thailand’s junta came under scrutiny this week after critics filed a petition asking the office of the auditor-general to investigate allegations of extravagant spending on a trip to Hawaii for a defense meeting. It is the latest in a series of allegations against the military government that seized power in… Read More
7th October 2016
The Federal Government has solicited the support of the Association of National Accountants of Nigeria (ANAN) and its affiliated professionals in the fight against corruption in the country. President Muhammadu Buhari, who made the call in Abuja, at the 21st yearly conference of ANAN, however said the ongoing fight against… Read More
7th October 2016
Robert Waterman, of Vicarage Lane, Chigwell, was investigated by HM Revenue and Customs (HMRC) who found he had created a fake trade in computer memory sticks to fraudulently claim £4,757,858 in VAT repayments between April 2013 and March 2015. Waterman used the proceeds from his fraud to buy a £1.15m… Read More
7th October 2016
The decision by international correspondent banks to terminate relationships with banks in the Eastern Caribbean Currency Union (ECCU) is encouraging money laundering and terrorist financing, the Governor of the Eastern Caribbean Central Bank (ECCB), Timothy Antoine, has said. “If you force people to hold cash and move around cash, you… Read More
7th October 2016
In the wake of the recent disclosure of leaked Bahamas tax haven data, United Nations human rights experts today urged governments to work together on liquidating offshore tax avoidance and establishing tougher financial regulations. In a news release, Juan Pablo Bohoslavsky, the UN Independent Expert on foreign debt and human… Read More
7th October 2016
The state Gaming Control Board will refer a proposal to strengthen money-laundering regulations for Nevada sports books to its staff to determine if it would create additional burdens on its tax and audit divisions. The board on Thursday conducted a workshop on a proposed regulation that was unusual in that… Read More
7th October 2016
The Constitutional Court has refused for now to hear the National Prosecuting Authority’s (NPA) appeal on the North Gauteng High Court judgment which reinstated fraud and corruption charges against President Jacob Zuma, the DA said in a media release on Friday. “This highlights, yet again, the deliberate attempts by the… Read More
6th October 2016
Germany’s financial watchdog has found no evidence to date that Deutsche Bank (DBKGn.DE) violated money laundering rules in Russia, people close to matter said on Thursday, possibly relieving one headache for the country’s biggest bank. The Russian case is just one of many regulatory investigations that have combined to… Read More