30th August 2019
The prime minister is refusing to specify whether federal resources to combat money-laundering will be sent to B.C. before the election period begins. NEWS 1130 tried to get clarification from the federal leader during a stop in Surrey Thursday afternoon. The federal government has pledged to contribute cash and resources… Read More
27th August 2019
Banco BTG Pactual SA extended a two-day plunge as new allegations added to an ongoing investigation targeting the Brazilian bank. Shares slumped as much 30% on Monday as local website O Antagonista said Brazil’s police are investigating allegations that the bank had a department advising clients on money laundering. Read More
27th August 2019
Brazil’s Federal Police have found evidence of corruption and money laundering related to lower house speaker Rodrigo Maia, according to a police document seen by Reuters. Federal Police sent a final probe report on Maia to the Supreme Court, which is tasked with judging public officials in Brazil. The evidence… Read More
27th August 2019
A Brazilian Supreme Court justice believes jailed ex-President Luiz Inacio Lula da Silva deserves a retrial after leaked social media conversations appeared to show the judge hearing Brazil’s largest-ever corruption case collaborated with prosecutors. Justice Gilmar Mendes said in an interview with Reuters that the so-called Car Wash investigation was… Read More
26th August 2019
Iran’s foreign minister made a flying visit for talks with host France at the G7 summit on Sunday, as Paris ramped up efforts to ease tensions between Tehran and Washington, a dramatic diplomatic move that the White House said had surprised them. European leaders have struggled to tamp down the… Read More
22nd August 2019
U.S.-based Citigroup Inc (C.N) and French bank BNP Paribas (BNPP.PA) are caught up in the U.S. criminal case against the chief financial officer of China’s Huawei Technologies, according to newly available documents. The banks were named in documents released on Tuesday after a hearing in British… Read More
21st August 2019
France and Panama have signed a bilateral agreement in Panama City to create a group designed to curb tax fraud, announced Gérald Darmanin, French minister of public accounts. The move comes years after Panama was blacklisted amid the Panama Papers tax evasion scandal. “With Panama’s Minister of Economy and Finance, Hector Alexander, we… Read More
21st August 2019
The Dominican Republic’s top prosecutor said on Tuesday that the Caribbean nation’s largest drug trafficking gang has been dismantled, a group that allegedly used two former professional baseball players to launder assets. Former Major League Baseball pitcher Octavio Dotel was arrested earlier on Tuesday, while Luis Castillo, also a former… Read More
21st August 2019
The Brazilian government on Tuesday issued a decree moving the Financial Activities Control Board (Coaf), which monitors nefarious financial activity such as money laundering, into a new Financial Intelligence Unit under central bank control. The measure, published in the Official Gazette, gives power to the central bank president to appoint… Read More
21st August 2019
Mexican authorities are preparing to file more criminal charges against the former head of state oil company Petróleos Mexicanos, expanding the scope of the anticorruption efforts launched by the government of President Andrés Manuel López Obrador. Emilio Lozoya, the former CEO of Pemex, has been at large since late May,… Read More