16th November 2017
By Jon Stone, the Independent Italian journalists have moved to set up a company in the name of a notorious mafia boss headquartered at 10 Downing Street – to illustrate weaknesses in British law they say helps people set up shell companies to launder money across the globe. Reporters at… Read More
16th November 2017
By Helena Ciric, Iceland Review Around 60 cases against suspected tax evaders have been dropped by the district attorney’s office due to a break in case proceedings while waiting for a decision from the European Court of Human Rights. Kjarninn reported first. Many of the dropped cases are against individuals… Read More
16th November 2017
BBC Zimbabweans are waiting to see what steps the military will take next after seizing control of the country. President Robert Mugabe is under house arrest. A Roman Catholic priest known to him for years is trying to mediate a deal on his future with the military. South African… Read More
16th November 2017
KYC360 News The United Kingdom is preparing to transfer £400 million in frozen money to Iran as payment for a decades-long debt, according to media reports, amid suggestions the move will also serve as a “goodwill suggestion” to free a British mother jailed in Tehran. The £400 million is understood… Read More
16th November 2017
KYC360 News The United Kingdom’s Financial Conduct Authority has issued a warning against investing in complex financial structures with cryptocurrencies as the underlying investment. Placing money in contracts for differences (CFDs), such as financial spread bets, could result in money being lost rapidly and price volatility, the FCA said. Read More
16th November 2017
By Oliver Laughland, Guardian A senior Fifa official took at least $1m in bribes to vote for Qatar to host the 2022 World Cup, a witness testified in court on Tuesday, as part of a broad investigation into corruption at Fifa. Julio Grondona, a senior vice-president at Fifa and head… Read More
15th November 2017
By Oliver Laughland, Guardian Some of the world’s largest broadcasters, including Fox Sports, were involved in bribe payments to Fifa officials in order to secure the broadcast rights to major South American football tournaments, a key witness in the investigation into corruption at football’s governing body has told a federal… Read More
15th November 2017
By REUTERS Greece’s Supreme Court adjourned an appeal hearing on Wednesday for the extradition to the United States of a Russian suspected of masterminding a $4 billion bitcoin laundering ring. Alexander Vinnik is accused of running BTC-e — a digital currency exchange used to trade bitcoin — to facilitate crimes… Read More
15th November 2017
By Francesco Guarascio, REUTERS The European Union has called very publicly for Malta to bring to justice the killers of a journalist who accused the Mediterranean island’s leaders of profiting from global corruption. But it has for years been much less vocal — and had little success — in ensuring… Read More
15th November 2017
BBC David Davis has moved to reassure the City in a speech at the bank UBS. He said he hoped to get agreement on a time limited Brexit implementation period “very early next year”. The Brexit Secretary stressed it depends on the EU negotiators obtaining a mandate to agree it… Read More