23rd March 2021
The European Union, the U.S., Canada and the U.K. imposed coordinated sanctions on top Chinese officials for human rights violations against the Uyghur minority on Monday, triggering Beijing to blacklist several EU politicians and academics. The bloc accused the Chinese officials of being “responsible for serious human rights violations… Read More
23rd March 2021
Julius Baer Group AG moved to claw back bonuses for bankers involved in a Latin America money laundering scandal that prompted a regulatory probe, the second Swiss bank in less than a week to announce such a step. The bank, which published the decision in its annual report Monday,… Read More
22nd March 2021
Ten Iranian nationals were charged in the U.S. with using shell companies to disguise transactions, including the purchase of two $25 million oil tankers, in an effort to dodge American sanctions on the mideast nation. The charges, originally filed in October, were unsealed Friday in Los Angeles. “Through the use… Read More
22nd March 2021
AP — Mexico’s agency for curbing money laundering said Friday the governor of the northern border state of Tamaulipas owns a large number of luxury properties that it says don’t match the income from his government jobs over the last 20 years. The Financial Intelligence Unit said… Read More
19th March 2021
A company newly sanctioned by the U.S. over Alexei Navalny’s poisoning attack is tied to the money-laundering network that Natalia Veselnitskaya tried to cover up at the infamous 2016 Trump Tower meeting, according to financial records obtained by The Daily Beast. Now we know why Vladimir Putin was so… Read More
19th March 2021
A court in Cape Verde granted a U.S. request to extradite Alex Saab, a Colombian businessman close to Venezuelan President Nicolas Maduro. The ruling comes two days after a regional court in Nigeria ordered the authorities in Cape Verde, an Atlantic Ocean island nation, to free Saab and halt extradition… Read More
16th March 2021
A West African court ordered Cape Verde’s government to free Alex Saab, a Colombian businessman close to Venezuelan President Nicolas Maduro, and halt plans to have him extradited to the U.S. The Economic Community of West African States Court of Justice found the authorities on the Atlantic Ocean island nation… Read More
16th March 2021
Braskem SA has opened an internal investigation into bribery allegations made last year by the former chief executive of Mexico’s state-run oil company, according to a securities disclosure. The Brazilian petrochemical company said in a filing Friday that it hired an unnamed U.S. law firm to review the claims… Read More
15th March 2021
By Holger Roonemaa and Oliver Kund, OCCRP, 12 March 2021 OCCRP — On a warm Monday morning in June 2014, two auditors from Estonia’s financial regulator stepped into the Tallinn office of Danske Bank, armed with a single piece of graph paper handwritten with the names of 18 of… Read More
15th March 2021
A Swiss prosecutor is probing whether the late Saudi king broke any laws when he transferred $100 million to a fund controlled by fellow royal Juan Carlos I of Spain in 2008. Last month, a hearing was held behind closed doors in Geneva to discuss a legal opinion that prosecutor… Read More