23rd December 2019
The Office of the Attorney General of Switzerland (OAG) has filed an indictment against Ukrainian former lawmaker Mykola Martynenko and a second, unnamed, Ukrainian national over the suspected money-laundering of around €2.8 million (CHF3 million). The OAG said on Friday that the indictment had been filed with the Swiss Federal Criminal Court in Bellinzona against Martynenko and an unnamed Ukrainian citizen. Read More
23rd December 2019
The Belgian tax authorities are investigating two new sets of banking leaks from London and the Isle of Man, documents which contain 11,000 links to Belgian taxpayers. The news comes in reports in Le Soir, De Tijd and Knack, whose reporters are members of an international consortium of investigative… Read More
20th December 2019
Transactions at Pilatus Bank involving the daughters of Azerbaijan ruler Ilham Aliyev and the sons of  his minister for emergency situations Kamaleddin Heydarov, show “commonly accepted red flags for money laundering”, a forensic review included in the Egrant magisterial inquiry concludes. On the basis of this suspicion that the… Read More
20th December 2019
Five men are facing multiple charges after an investigation into an Edmonton-based company alleged to be laundering money for unlicensed illegal online cannabis dispensaries. A year-long investigation conducted by the RCMP Federal Serious and Organized Crime unit in partnership with multiple government agencies determined Moxipay Corporation was operating as an… Read More
20th December 2019
U.S. sanctions against Iran have forced Brazilian beef exporters to re-route shipments through nearby countries, adding to costs but largely maintaining trade flows, according to exporters and trade data compiled by two industry groups. Meatpackers now send much of their Iran-bound beef to other ports in the Middle East, where… Read More
19th December 2019
A division of SNC-Lavalin Group Inc pleaded guilty to fraud and will pay a C$280 million fine, the company said on Wednesday, in a case related to projects in Libya that engulfed Canadian Prime Minister Justin Trudeau’s government in crisis. The construction and engineering company reached a settlement after being… Read More
19th December 2019
Investigators have raided the home of a longstanding friend and associate of the Brazilian president Jair Bolsonaro, as well as addresses linked to Bolsonaro’s son and ex-wife, in the latest phase of a politically damaging corruption investigation embroiling his family. The operation – part of an embezzlement and money-laundering… Read More
19th December 2019
A Miami financial adviser was sentenced to three and a half years in prison Wednesday for paying bribes through the U.S. banking system to officials in Ecuador’s national oil company. Frank Roberto Chatburn Ripalda also funneled kickbacks to one PetroEcuador official that were paid by the Brazilian construction giant Odebrecht,… Read More
19th December 2019
Authorities have uncovered that an eastern coastal region of Guatemala, known to be a cocaine corridor, has been used in the trafficking of jade — a gemstone used for millennia by the ancient Mayans that has undergone a recent investment boom in China. Local authorities and politicians are suspected of facilitating… Read More
18th December 2019
A 1,500-page inquiry had ordered the police to investigate Nexia BT partner Karl Cini for perjury, Egrant whistleblower Maria Efimova for calumny and Pilatus Bank’s operations for money laundering. These conclusions, which were never published by the government, also order an investigation into who falsified and distributed documents linking the… Read More