Featured Art

First glimpse of new EU human rights sanctions

International perpetrators of genocide and torture, but not corruption, are to face new-model EU sanctions, a leaked document shows. Those guilty of crimes against humanity, slavery, extrajudicial killings, enforced disappearances, and arbitrary arrests will also face EU asset-freezes and visa-bans. And those responsible for human-trafficking, sexual violence, and abuses of… Read More

Stepson of ex-Malaysian PM to forfeit $60 million in 1MDB scandal

The stepson of Malaysia’s former prime minister will forfeit assets worth more than $60 million that he purchased using funds embezzled during the multibillion-dollar looting of a Malaysian state investment fund, the Justice Department announced Wednesday. The 1Malaysia Development Berhad fund, or 1MDB, was established in 2009 by then-Prime Minister… Read More

Pressure mounts to disband Brazil’s crack anti-corruption squad

Political pressure is growing in Brazil to disband a high-profile team of anti-corruption prosecutors that has put dozens of former executives and politicians behind bars, despite its strong popular support and hundreds of cases still pending. Prosecutor General Augusto Aras will decide on Sept. 10 whether to renew for another… Read More
5th August 2020
On his way to a high-level meeting in Downing Street, deputy national security advisor Hugh Powell held to his side top-secret papers setting out the Government’s response to Russia’s annexation of Crimea. But a long-lens camera trained on officials walking in and out of Number 10  was enough to catch the… Read More
3rd August 2020
The phrase “shell company” conjures images of offshore havens such as Panama or the British Virgin Islands, but one of the world’s leading enablers of financial secrecy is actually the United States. In every state, more personal details and proof of identity are required to get a library card… Read More
31st July 2020
Political parties should adopt anti-money laundering practices to protect democracy, the elections watchdog has said in the wake of the Russia report. Parties are exempt from the regime that requires suspicious transactions of more than £10,000 to be reported to the National Crime Agency. More than £1 billion has been… Read More
30th July 2020
Companies linked to two Russian oligarchs exploited the opaqueness of the art world to buy high-value art, bypassing U.S. sanctions, according to a report by the U.S. Senate’s Permanent Subcommittee on Investigations that was published on Wednesday. American companies are barred from doing business with sanctioned individuals. But the report… Read More
9th July 2020
A Monaco court on Wednesday upheld an earlier ruling dismissing a case against a prominent art dealer accused by a Russian oligarch of fraud and money laundering, lawyers for the art dealer said. Monaco’s appeals court in December ordered the closure of a preliminary investigation opened by local authorities into… Read More
3rd July 2020
The U.S. Department of Justice on Wednesday said it was looking to recover another $96 million in assets in real estate and artwork linked to the 1Malaysia Development Berhad (1MDB) international money-laundering conspiracy. The assets include luxury real estate in Paris and paintings by Claude Monet and Andy Warhol linked… Read More
29th June 2020
Arms folded and her lips sardonically askew, Eva makes an unlikely icon for the protest movement that’s shaking Belarus leader Alexander Lukashenko ahead of presidential elections. For starters, “she” is an almost century-old oil painting. Yet the portrait by the Jewish expressionist painter Chaim Soutine has swirled into the… Read More
25th June 2020
Five eminent Parisian antiques specialists have been arrested on suspicion of selling looted Middle Eastern artefacts worth tens of millions of euros. The experts are suspected of masking the origin of the items before selling them to clients, including some of the world’s leading museums, such as the Louvre’s… Read More
15th June 2020
As the UK and the EU exchange expressions of disappointment with each other’s alleged inflexibility after every round of Brexit trade negotiations, the usual areas of disagreement are raised: access to Britain’s fishing grounds, the requirements of a level playing field agreement, regulations over state aid and other issues that… Read More
15th June 2020
Inigo Philbrick, the elusive contemporary art dealer who disappeared in the fall after being accused of defrauding clients of more than $20 million, was arrested on Thursday by U.S. law enforcement agents on the Pacific island of Vanuatu. Mr. Philbrick has since been transported to Guam, where he is… Read More