11th June 2019
Brazilian Justice Minister Sergio Moro and federal prosecutors scrambled to respond on Monday to reports published by news website The Intercept based on what it said were leaked messages from a corruption probe. The Intercept said it was only beginning to report on an “enormous trove” of leaked messages… Read More
11th June 2019
An intergovernmental initiative to crack down on tax cheats has uncovered €4.9 trillion (USD 5.5 trillion) held offshore for individual and corporations in approximately 47 million bank accounts. The data, published Friday by the Organisation for Economic Cooperation and Development (OECD), is the result of a broader effort by the… Read More
10th June 2019
Riot police surrounded Hong Kong’s parliament early on Monday after what had been a peaceful million-strong protest against an extradition bill descended into running clashes between police and protesters. Several hundred riot police armed with batons, shields, tear gas guns and pepper spray sealed off the Legislative Council as a… Read More
10th June 2019
AP — Ukrainian President Volodymyr Zelenskiy is urging the European Union to step up sanctions against Russia amid continued tensions in the eastern Donbass region and Crimea. After talks Wednesday with European Council President Donald Tusk, Zelenskiy thanked the bloc for its “unwavering support” and called for the “strengthening of… Read More
7th June 2019
AP — Authorities in El Salvador say ex-President Tony Saca has reached a deal to plead guilty to bribing a judicial official to leak information in a civil case against him. Prosecutors say in a legal document that Saca will face an abbreviated judicial process and be given a two-year… Read More
7th June 2019
Citibank and Deutsche Bank have taken control of around $1.4 billion of Venezuelan government gold, which they received as guarantees for loans, as a result of U.S. sanctions on the Venezuelan Central Bank, according to five sources. Between 2014 and 2016 the central bank (BCV) used a portion of its… Read More
7th June 2019
AP — A Mexican federal judge has lifted an arrest warrant issued for a former head of the state oil company Petroleos Mexicanos in a corruption investigation, but says he must appear at a hearing. Prosecutors issued the warrant for Emilio Lozoya last month, saying there is evidence linking him… Read More
7th June 2019
Tens of thousands of people are expected to take to the streets of Hong Kong on Sunday in a bid to block changes to the Chinese-ruled city’s extradition laws, which could pave the way for fugitives wanted by mainland China to be sent across the border for trial for the… Read More
7th June 2019
The European Commission on Wednesday called on six EU member-states to bolster their anti-money laundering (AML) supervisory and enforcement efforts in light of recent bank scandals and the risks of crypto-assets. The requests highlight recent efforts by Denmark, Estonia, Latvia, Bulgaria, Sweden and Malta… Read More
6th June 2019
Over $267 million has been seized from an account maintained for former Nigerian head-of-state Sani Abacha, according to the Bailiwick of Jersey. The funds, which have been transferred to Jersey’s Civil Asset Recovery Fund, were derived from corruption and laundered through the US banking system with aid of Abacha’s son… Read More