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
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
11th November 2019
It has been a year since a joint investigation by Times of Malta and Reuters revealed that power station investor Yorgen Fenech owned the mystery company 17 Black. On Monday, Keith Schembri is expected to testify for the first time about the 17 Black connection in a libel case. Jacob… Read More
31st October 2019
Spain’s High Court on Wednesday charged Spanish building and infrastructure company FCC (FCC.MC) with corruption and money laundering in connection with 82 million euros ($91 million) in payments made in Panama. The High Court’s investigative judges said FCC paid bribes to obtain metro and hospital contracts in the… Read More
28th October 2019
An official of the Panamanian payment processing firm Crypto Capital has been arrested as part of a Polish probe for allegedly laundering the proceeds of drug sales for an international crime group. The suspect, in accordance to Polish rules preventing the release of full names, was identified as Ivan M.L. Read More
18th October 2019
Mossack Fonseca, a Panamanian law firm at the center of the “Panama Papers” scandal, has filed a lawsuit against Netflix Inc (NFLX.O) over its new movie based on the case, accusing the video streaming company of defamation and seeking to stop the film’s release. The Panama Papers, which… Read More
25th September 2019
The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and vessels transporting Venezuelan oil to Cuba, amid an acute fuel scarcity in the island that is forcing people to line up for gasoline and public transport. Despite tough U.S. measures against Venezuela’s state-owned oil company PDVSA in… Read More
24th September 2019
Western Hemisphere nations voted Monday to employ a regional treaty to impose sanctions against embattled Venezuelan leader Nicolás Maduro, accusing his regime of criminal activity including drug trafficking and money laundering. In a meeting convened by the Organization of American States, 16 of the 19 states party to the Inter-American… 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
20th August 2019
A trade finance company has been fined for allegedly buying and collecting debt of a blacklisted entity, the Treasury Department said Friday. A U.S. subsidiary of Dutch trade finance insurer Atradius NV agreed to pay more than $345,000 to settle allegations that it violated U.S. sanctions, according to a statement… Read More