15th September 2020
After years of investigation, mountains of evidence and hundreds of suspects, Italy’s plucky anti-mafia prosecutor Nicola Gratteri is gearing up for a “historic” court battle against the country’s powerful ‘Ndrangheta clan. The first salvos in a court battle were fired Friday as a preliminary hearing against ‘Ndrangheta members opened in… Read More
10th September 2020
One of the UK’s most prestigious law firms is being investigated by regulators who have spent at least two years examining it, sending investigators into its central London offices. The Guardian has established that the Solicitors Regulation Authority (SRA) is conducting a complex investigation into Mishcon de Reya, involving… Read More
10th September 2020
The bar association has revoked the licence of two law firms who had fallen foul of money laundering regulations while five other cases relating to the citizenship by investment programme were pending and would soon be tabled before the board, its chairman Doros Ioannides said on Wednesday. Speaking at a… Read More
9th September 2020
Thirty people were arrested Monday as police revealed they had cracked an allegedly massive graft plot involving hundreds of millions of shekels in tax evasion and money laundering. The scam involved the fraudulent takeover of hundreds of companies in the fuel sector that were then used to issue fake financial… Read More
4th September 2020
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
4th September 2020
Federal police have seized properties and cash worth $1.6 million over an alleged scheme to use the Melbourne property market to funnel millions of dollars of funds from a Malaysian government entity to corrupt officials. The seized properties and funds in bank accounts were owned by Australian property developer Dennis… Read More
3rd September 2020
Sham litigation and out-of-court settlements, not an uncommon sight in the Maltese courts, have been identified by the Financial Intelligence Analysis Unit as a way of laundering criminal gains. The FIAU said that although litigation cases do not fall within anti-money laundering rules, lawyers and their clients can conspire to… Read More
3rd September 2020
The Trump administration on Wednesday imposed sanctions against two senior officials of the International Criminal Court for prosecuting U.S. military and intelligence personnel in Afghanistan. The Treasury Department placed ICC prosecutor Fatou Bensouda and head of ICC jurisdiction Phakiso Mochochoko on its blacklist Wednesday under an executive order issued… Read More
3rd September 2020
The Attorney General’s Office (AGO) has named prosecutor Pinangki Sirna Malasari a suspect of money laundering and bribery after she allegedly received money from graft convict Djoko Soegiarto Tjandra to help him secure a Supreme Court acquittal. Investigation director for the AGO’s junior attorney for special crimes, Febrie Adriansyah, said… Read More
2nd September 2020
A former Venezuelan oil official fled the country and is talking to U.S. authorities about aiding their investigation of a high-level corruption scheme that helped plunge the oil-rich nation into an economic meltdown. Carmelo Urdaneta Aqui, a onetime legal counsel to the country’s powerful oil ministry, will appear in a… Read More