19th May 2020
By Mattias Carlsson, Holger Roonemaa, Oliver Kund and Hannes Munzinger, OCCRP, 18 May 2020 OCCRP — Rita is almost 13,000 euros in debt and was convicted of shoplifting a bottle of gin. Ricardo is unemployed and has been arrested several times for drug possession and driving without a license. His mother,… Read More
18th May 2020
They were hailed as geniuses for transforming the fortunes of a Russian bank facing ruin, with a little help from the Hollywood actor Bruce Willis. The resulting wealth helped to fund a life of luxury in England for Ilya Yurov and Nikolay Fetisov, complete with country mansions, London pieds-à-terre, holiday… Read More
14th May 2020
By Sara Farolfi, OCCRP, 13 May 2020 OCCRP — A senior member of the Saudi royal family and government adviser arranged citizenship for himself and six family members through Cyprus’ controversial “Golden Visa” program, according to a document obtained by OCCRP. Prince Saud bin Abdulmohsen bin Abdulaziz Al Saud applied… Read More
1st May 2020
In January, the wife of Cambodia’s most senior police officer dropped €2.5 million (US$2.7 million) on a pair of two-storey villas on the coast of Cyprus, Radio Free Asia has learned. Part of the Cap St Georges luxury development, where pop star Shakira also owns a home, the two-storey villas… Read More
30th April 2020
At times it can seem as if Swedbank’s recent history has been taken from the plot of a Nordic noir novel. There is a procedural bleakness to the Swedish bank’s money laundering scandal and a complexity to it all that does little to resolve the moral ambiguities of institutional malfeasance. Read More
24th April 2020
The European Commission is recommending a “phasing out” of Malta’s citizenship sale scheme, in a letter sent to the government. EU Justice Commissioner Didier Reynders confirmed during a European Parliament Civil Liberties and Justice committee debate on Thursday that the Commission had written to Malta, Bulgaria and Cyprus about transition… Read More
22nd April 2020
Cypriot authorities said on Tuesday they had no information from the European anti-fraud office, Olaf, regarding an investigation that revealed more than €400,000 provided by the Commission’s Research Executive Agency (REA) to a consortium of SMEs in France, Romania, Spain and Ireland with the purpose of improving forest-fire detection were… Read More
7th April 2020
AP — Prosecutors revealed new details of alleged bribes paid to FIFA executive committee members to gain their votes for Qatar to host the 2022 World Cup and charged a pair of former 21st Century Fox executives with making illegal payments to win broadcast rights for the 2018 and… Read More
6th April 2020
State-controlled PrivatBank has filed a new lawsuit in Cyprus courts, demanding compensation in the amount of $5.5 billion for the schemes bearing all the signs of fraud and money laundering, which, according to the bank, were committed by its former shareholders Ihor Kolomoisky and Hennadiy Boholiubov, former first deputy chairman… Read More
11th March 2020
By Will Neal OCCRP — Investigators in more than 15 countries have seized almost 36 million units of medical drugs in a coordinated sting on European groups trafficking black market and counterfeit medications. Operation Misused Medicines (MisMed), backed by Europol and now in its third phase, took place between… Read More