11th July 2019
Prosecutors in Peru have raided the home of former first lady Nadine Heredia in a sweeping operation linked to alleged corruption connected to a massive gas pipeline constructed by the disgraced multinational Odebrecht. The Heredia home was one of 26 properties targeted by anti-corruption forces probing corruption in the construction… Read More
11th July 2019
Three of Australia’s biggest banks will have to set aside an additional A$500 million ($348 million) each until they have strengthened risk management and reimbursed customers for wrongly charged fees, the prudential regulator said on Thursday. Westpac Banking Corp (WBC.AX), Australia and New Zealand Banking Group Ltd (… Read More
11th July 2019
Algeria’s supreme court on Wednesday placed former industry minister Youcef Yousfi in custody over alleged corruption, state television reported. Yousfi became the latest senior official to be detained in anti-graft investigations since protests erupted earlier this year demanding the prosecution of people seen by demonstrators as corrupt, as well as… Read More
11th July 2019
Police investigating large-scale drug supply and organised crime in Sydney’s south-west have now blown the lid off an unrelated alleged money laundering syndicate worth $80 million. In February last year detectives from the Criminal Groups Squad launched an investigation into an alleged criminal group that was linked to organised crime… Read More
11th July 2019
The U.K’s Financial Conduct Authority issued the largest total amount in fines against individuals during the 2019 fiscal year, the regulator said in its annual report published Tuesday. The FCA imposed £80.2 million in fines against eight individuals during the fiscal year ending March 31, compared with about £900,000 in… Read More
11th July 2019
The Charity Commission of England and Wales on Tuesday disclosed a formal inquiry into a group of linked charities suspected of involvement in money laundering. The independent regulator initially launched the investigation in June 2014 following a warning by the Metropolitan Police Service that the charities, which share trustees,… Read More
10th July 2019
A corruption case against Latvian central bank governor Ilmars Rimsevics has been handed to a court for consideration, the Latvian Prosecution Office said on Tuesday, more than a year after he was first detained by anti-corruption agents. Rimsevics, a top policy-maker at the European Central Bank, was detained by the… Read More
10th July 2019
Plans to introduce laws in Britain to combat money laundering could prevent the media and researchers from accessing vital information on the tide of dirty cash flowing around the world, campaigners and journalists have warned. An open letter to the foreign secretary, Jeremy Hunt, has about 80 signatories including the… Read More
10th July 2019
The U.S. Treasury added three top Hezbollah figures to its list of sanctioned individuals on Tuesday, including two members of the Lebanese Parliament and a security official responsible for coordinating between Hezbollah and Lebanon’s security agencies. The designations were part of U.S. efforts to counter the Iranian-backed Hezbollah’s “corrupting influence… Read More
10th July 2019
The government of Romania has done little over the past four years to prevent corruption among lawmakers, judges, prosecutors and other public officials, the Council of Europe said in a report Tuesday.  The council’s anti-corruption arm, known as GRECO, found that Romania had fully implemented four of the 13… Read More