14th April 2020
A former banker at Goldman Sachs Group Inc. arranged for millions of dollars in bribes to be paid to government officials in Ghana to help a client win a power-plant contract, U.S. regulators said Monday in a civil lawsuit. The Securities and Exchange Commission alleges that Asante Berko, a… Read More
13th April 2020
OCCRP — Extreme shortages of food and medicine, hyperinflation, violent political repression, and outrageous corruption — many governments might have buckled under the weight of such a compounded crisis. Not in Venezuela, where top military officers have been richly rewarded for maintaining the status quo, even as the country has spiralled… Read More
10th April 2020
Experts looking at how North Korea continues to import and export goods despite numerous sanctions agree the country’s $1.5 billion cryptocurrency war chest is used to fund an illicit web of trade networks and supply chains. Blockchain analytics company Chainalysis said it is “comfortable” with the $1.5 billion figure stated… Read More
7th April 2020
By Sandrine Gagné-Acoulon, OCCRP, 6 April 2020 OCCRP — Family members of top government officials are involved in South-Sudan’s corrupt gold mining sector which is booming and threatening the fragile peace that ended the five-years-long civil war, warned a new report by The Sentry. The NGO was co-founded by… Read More
6th April 2020
The U.S. Treasury Department on Friday extended its authorization for companies to do business with Sweden’s Nynas, giving the oil refiner more time to restructure its ownership to avoid American sanctions on Venezuela. The department, in a notice on its website, extended the general license authorizing certain activities involving Nynas… Read More
1st April 2020
Not even a pandemic’s relentless spread could stop the prosecution of Turkey’s state-run Halkbank, which pleaded not guilty Tuesday to a record-breaking money-laundering scheme. “First of all, welcome everybody,” said U.S. District Judge Richard Berman, greeting listeners across the globe who called in this morning for the extraordinary hearing. “We… Read More
30th March 2020
The highest-ranking judge in Venezuela — on par with the chief justice of the U.S. Supreme Court — doled out legal favors to obtain millions in bribes paid through Miami and foreign bank accounts that he spent on chartered private jets, expensive watches and other luxury goods in South Florida,… Read More
30th March 2020
AP — Russia’s Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin’s government, a move apparently intended to shield Russia’s largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in the wake of a U.S. narcotics indictment. Read More
24th March 2020
A major operation across five regions of Peru has seen 47 prosecutors and 1,200 police officers arrest 18 people who, according to Peruvian authorities, were members of a criminal organization known as Los Topos (Spanish for “The Moles”), who focused on the illegal mining and trading of gold. Simultaneous raids… Read More
23rd March 2020
The U.S. quietly unsealed criminal cases against two former officials at Venezuela’s state oil monopoly this month as part of what American officials say is a new round of charges and sanctions against a Maduro government they accuse of systemic corruption, narcotrafficking and stealing billions of dollars in state funds. Read More