28th June 2016
The Supreme Court’s unanimous ruling overturning former Virginia governor Bob McDonnell’s conviction makes it much harder for the government to prosecute elected officials for public corruption, but not impossible, legal experts said Monday. The high court set a tougher standard for wrongdoing, saying that helping a wealthy benefactor gain access… Read More
28th June 2016
The Government won't speed up anti-money laundering laws – because of the cost to lawyers and real estate agents. Read More
27th June 2016
High court rules former governor may have been convicted of conduct that isn’t illegal Read More
27th June 2016
South African President Jacob Zuma should pay back $500,000 of public funds spent upgrading his private residence with facilities including a chicken coop and a swimming pool, the treasury said Monday. In March, the country’s highest court found that the president had violated the constitution by defying an order… Read More
27th June 2016
Malaysian Prime Minister Najib Razak reshuffled his cabinet on Monday, placing party loyalists in top posts in a bid to strengthen the ruling coalition amid speculation that he could call an early election next year. Landslide victories in recent electoral outings have put the scandal-hit Najib and his ruling alliance,… Read More
27th June 2016
Acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has reiterated his commitment to prosecute any corrupt individual or institutions despite being critized heavily for selective anti-graft campaign. Mr Magu expressed worries over the involvement of banks in money laundering sounding out ‘private banking’ as the vehicle for… Read More
27th June 2016
The EU is preparing to move its European Banking Authority from London following Britain’s vote to leave the Union, EU officials said on Sunday, setting up a race led by Paris and Frankfurt to host the regulator. Coming a day after Britain’s Jonathan Hill resigned and was replaced as EU… Read More
27th June 2016
CIA plan to arm Syrian rebels undermined by theft of weapons by Jordanian intelligence agents, officials say. Read More
23rd June 2016
Prime Minister Vladimir Putin is embarking on an Asia charm offensive to beef up his country’s international profile, as the economy reels from a deep recession amid Western sanctions and a slump in oil prices. Putin is due to arrive in China this Saturday for an official state visit and… Read More
20th June 2016
The last place you’d expect to find one of Credit Suisse’s highest-paid executives in 2015 is Brazil, given all the political and economic challenges facing the country. But Sergio Machado’s 48.4 million reais ($14 million) paycheck ranks above that of every member of Credit Suisse’s executive board listed in the… Read More