17th June 2020
By Roman Shleynov, OCCRP, 16 June 2020 OCCRP — One day in the summer of 2013, the central Moscow office of Fonbet, Russia’s largest sports betting company, looked like a besieged fortress. Sparks and the smell of burnt metal filled the air. Officers from the anti-corruption directorate of the… Read More
11th June 2020
July 14, 2015 was a landmark date in the long-running feud between Europe, the US and Iran. Iranian officials agreed to terminate the country’s nuclear programme, and in exchange, would benefit from the removal of crippling sanctions – including on petroleum exports. Trade with the EU soared. Over the following… Read More
5th June 2020
OCCRP — A light snow was falling in Craiova, southern Romania, when Sorin Velcu called his mother in December 2018 to ask for 20,000 euros he had given her for safekeeping. But the funds were frozen — buried in the ice-cold earth in her backyard. “Somebody has to dig it out,”… Read More
2nd June 2020
Panama’s Maritime Authority said it will impose sanctions on vessels, including fines of up to $10,000 and withdrawing its flag from the ship, if they deliberately deactivate, tamper or alter the operation of their tracking transponders. “This General Directorate of Merchant Marine will impose sanctions to all those Panamanian flagged… Read More
21st May 2020
On April 28, 2018, an unusual shipment left Russia, bound for Panama. The shipment included two small packages each weighing just 900 grams (2 pounds) with packaging, and under 200 grams without. Their small size belied their worth; shipping documents valued them at $55,063 and $163,089.63, respectively. A third package… Read More
21st May 2020
Panama Papers firm Nexia BT has been given a new licence requiring “high standards of conduct and compliance” to audit the internal IT systems and protocols of high-risk entities like cryptocurrency exchanges. Nexia BT Technology, a Nexia BT offshoot company, was certified as meeting these standards by the Malta Digital… Read More
21st May 2020
By Cecilia Anesi, Giulio Rubino, Nathan Jaccard, Antonio Baquero, Lilia Saúl Rodríguez and Aubrey Belford, OCCRP, 20 May 2020 OCCRP — As a wave of coronavirus infections hit Italy in late March, Rocco Molè, a member of the country’s ’Ndrangheta organized crime group, was faced with a dilemma. He was… Read More
19th May 2020
By Anastasia Austin, InSight Crime, 18 May 2020 InSight Crime — The European Union’s latest money laundering blacklist included four Caribbean nations that have been deemed to be high-risk countries. The list was met by cries of unfairness from officials, but why were these countries added in the first place… Read More
8th April 2020
Adel al-Jubeir, 58, the current Saudi minister of state for foreign affairs, was the authority who allegedly endorsed the origin of the $100 million that was transferred to an account linked to Spain’s then-King Juan Carlos I in Swiss private bank Mirabaud. That’s according to documents from a probe in… Read More
17th March 2020
Spain’s King Felipe VI has renounced his personal inheritance from his father and stripped the former king Juan Carlos of his annual stipend after it was alleged that Felipe VI was poised to receive millions of euros from a secret offshore fund with ties to Saudi Arabia. The statement issued… Read More