Featured Vietnam

Thailand says $11M seized in wildlife trafficking sting

AP — Thailand’s anti-money laundering authorities said Wednesday they have seized or frozen more than 330 million baht ($11 million) worth of assets in a sting operation against a suspected wildlife trafficking ring. The March 12 operation targeted Boonchai Bach, a Vietnamese and Thai citizen who… Read More

Foreign gangs making ‘easy profits’ by turning to Channel people smuggling

Foreign crime gangs have switched to smuggling people across the Channel because it is so profitable, a National Crime Agency (NCA) chief has warned. Miles Bonfield, head of organised immigration crime operations, said Kurdish and west Balkans gangs had moved into trafficking migrants in small boats in the past year… Read More

Hong Kong bank staff arrested in US$810m laundering probe

Seven former and current bank employees have been arrested in Hong Kong as part of a major operation against a US$810 million international money-laundering syndicate, police said Wednesday. “It’s the largest case we have busted in recent years,” said Yip Wing-lam, a superintendent at the commercial crime bureau, adding it… Read More
22nd December 2020
Human rights groups are demanding that two of Britain’s biggest banks explain why they have lent tens of millions of pounds to a technology company building a telecoms network that is part-owned and used by the Myanmar military. HSBC and Standard Chartered have loaned $60m (£44.5m) to Vietnamese telecom giant… Read More
18th November 2020
By Paul Radu, Dmitry Velikovsky and Olesya Shmagun, OCCRP, 17 November 2020 OCCRP — Prevezon Holdings Ltd is a small international real estate investment company that leaves an unusually large footprint in stories about global crime and politics. The Cypriot company, owned by Russian citizens, was a beneficiary in Russia’s… Read More
10th November 2020
Pfizer Inc. said it received an inquiry from the U.S. Securities and Exchange Commission’s foreign-bribery unit regarding the drugmaker’s operations in China. The inquiry was disclosed in Pfizer’s third-quarter financial statement, which was filed with regulators Thursday. It follows other informal requests for information by the SEC and the… Read More
31st August 2020
How would you spend £340 ($450)? It’s a lot of money – enough for a haute couture purse from Yves Saint Laurent. It is also the market rate for a kilogram of scales from the world’s most trafficked animal. The story of how the trade of pangolin scales… Read More
6th July 2020
Sixty-two countries violated United Nations Security Council sanctions against North Korea over a one-year period, according to a report from a Washington, D.C.-based think tank The Institute for Science and International Security report, released Wednesday, cites over 250 alleged violations from February 2019 to February 2020 based… Read More
26th June 2020
Novartis AG and a former subsidiary of the Swiss drugmaker agreed to pay a combined $347 million to resolve allegations that the companies ran schemes to bribe public hospitals and clinics in Greece, Vietnam and South Korea, U.S. authorities said Thursday. The settlements with Novartis and its former… Read More
20th April 2020
AP — U.N. experts have recommended blacklisting 14 vessels for violating sanctions against North Korea in a report that accuses the country of increasing illegal coal exports, imports of petroleum products and continuing with cyber attacks on financial institutions and cryptocurrency exchanges to gain illicit revenue. The 267-page report, obtained… Read More
30th March 2020
It is a sad fact that, even today, enforcement action against the illegal wildlife trade (IWT) usually begins and ends with a seizure of illegal wildlife products. Financial investigations – routine for other serious crimes – are seldom undertaken for IWT. In recent years, however, a growing consensus has… Read More
3rd February 2020
Airbus SE has long since disbanded the so-called strategy and marketing unit at the center of its record $4 billion bribery settlement, but for years it had quite a heyday. According to documents filed by U.S. prosecutors on Friday, the 150-person team used its $300 million annual budget… Read More
31st December 2019
A court in Vietnam on Saturday sentenced a former information minister to life in prison after finding him guilty of taking $3 million in bribes in connection with a controversial deal at state telecoms firm MobiFone. Nguyen Bac Son received the money to facilitate a deal in which MobiFone overpaid… Read More