Featured Chile

Latin America was making progress fighting corruption. Now impunity is roaring back.

Five years ago, everything changed in Latin America—or so it seemed. Investigations into a money-laundering operation in Brazil beginning in 2014 revealed a massive bribery scheme involving energy and construction companies. The “Car Wash” scandal saw dozens jailed and billions of dollars in fines—and implicated politicians in Argentina, Colombia, Peru and… Read More

FBI adds an anti-bribery squad focusing on South America

AP—Aiming to crack down on money laundering and bribes to overseas governments, the FBI is stepping up its efforts to root out foreign corruption with a new squad of agents based in Miami. The squad will focus its efforts not only on Miami but also in South America, a… Read More

EU lawmakers call for investigation into Paradise Papers

KYC360 News European Union parliamentarians (MEPs) have called for a special inquiry into details of aggressive tax planning uncovered by the Paradise Papers. MEPs belonging to the Special Inquiry into Money Laundering, Tax Evasion and Tax Avoidance (PANA) have called for the creation of a permanent standing committee to probe… Read More
7th June 2017
The South American Football Confederation (CONMEBOL) on Tuesday formally accused two of its ex-presidents of embezzlement, money laundering, forgery and other criminal charges lodged with Paraguayan prosecutors. It said in a statement that it was pressing the charges against Nicolas Leoz and Eugenio Figueredo. Both have already been indicted in the… Read More
9th February 2017
In the final part of an exclusive series of four webinars Elise Bean, former Staff Director and Chief Counsel of the U.S. Senate Permanent Subcommittee on Investigations, will explore the case of Riggs Bank. Riggs, a D.C. based commercial bank with branches around the world, was effectively shut down by… Read More
26th January 2017
In the final part of an exclusive series of four webinars Elise Bean, former Staff Director and Chief Counsel of the U.S. Senate Permanent Subcommittee on Investigations, will explore the case of Riggs Bank. Riggs, a D.C. based commercial bank with branches around the world, was effectively shut down by means of a merger in 2005 following revelations that it handled deposits from Augusto Pinochet, the Saudi royal family and the dictator of Equatorial Guinea among others. Elise will consider what can be learnt for the case for financial crime prevention regimes today. Read More
4th October 2016
A Chilean court charged Corpesca SA, a fishing company controlled by billionaire Roberto Angelini, with facilitating bribes to lawmakers as they debated a 2012 law that gave it rights to fish for free along the country’s coasts for at least 20 years. Two congressmen and a minister of former President… Read More
15th June 2016
Fiscal authorities in Chile that are withholding funds of the company have changed the accusations away from “pyramid scheme” Read More
6th May 2016
FIFA ethics judges have imposed life bans on two South American football officials who have pleaded guilty in the United States to corruption charges. Read More
19th February 2016
World football’s chief ethics investigator has recommended life bans for the former presidents of the Colombian and Chilean football federations after finding cases of misconduct under FIFA rules, including on bribery and corruption. Read More
18th February 2016
World football's chief ethics investigator has recommended life bans for the former presidents of the Colombian and Chilean football federations after finding cases of misconduct under FIFA rules, including on bribery and corruption. Read More