Featured Russia

Probe of Giuliani Allies Gathered Records on 50 Bank Accounts

U.S. authorities investigating an alleged effort by associates of Rudy Giuliani to funnel foreign money into U.S. election campaigns have collected records of financial transactions for more than 50 bank accounts as well as correspondence on 10 email addresses, a federal prosecutor said in a New York courtroom Thursday. The… Read More

Congress to launch sanctions on Turkey as Trump measures deemed ineffective

The US Congress will press ahead with a broad package of sanctions on Turkey, including cutting military support, after measures announced by the Trump administration were dismissed as ineffective, Senate officials have confirmed. The Republican senator Lindsey Graham and Democrat Chris van Hollen are expected to launch a… Read More

India cannot sacrifice economic strength to comply with U.S. sanctions: Finance Minister

India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its own strength and strategic interests, Finance Minister Nirmala Sitharaman said in an interview on Tuesday. The United States in January imposed the toughest sanctions yet on Venezuela’s oil industry. The… Read More
15th October 2019
US President Donald Trump on Monday imposed sanctions on Turkey over Ankara’s military operation in northeast Syria, and called for an immediate ceasefire. Turkey launched the cross-border assault on Kurdish fighters last Wednesday after Trump withdrew some US troops from the region, drawing sharp criticism from fellow… Read More
10th October 2019
A court in Helsinki has dismissed all charges in the largest money laundering case ever tried by a Finnish court, in which two Estonian nationals were suspected of laundering €135 million in total. Finland’s public broadcaster Yle reported that the district court’s decision is not final and can be appealed. Read More
9th October 2019
A court in Finland is set to pass judgment today in the largest money laundering case ever tried by a Finnish court, in which two Estonian nationals are accused of laundering €135 million in total. According to prosecutors, the Estonians laundered approximately €135 million of illicitly obtained Russian money into… Read More
1st October 2019
The United States issued new economic sanctions on Monday against seven Russians linked to an internet troll factory in what Secretary of State Mike Pompeo called a warning to foreigners who seek to interfere in American elections. The penalties were announced as Congress is investigating whether President Trump tried to… Read More
30th September 2019
Britain will introduce laws after it leaves the European Union to freeze assets of those deemed responsible for human rights abuses, foreign minister Dominic Raab said on Sunday. The United States passed a law known as the Magnitsky Act in 2012 under which it has imposed visa bans and asset… Read More
27th September 2019
The Trump administration imposed sanctions Thursday against a Moscow-based firm and five vessels the Treasury Department said shipped fuel to Syria used to support the Assad regime’s bombing campaigns against civilians. The action announced by the U.S. Treasury Department is designed not only to disrupt fuel deliveries to Syria, but… Read More
26th September 2019
German authorities have raided Deutsche Bank’s (DBKGn.DE) Frankfurt headquarters in search of information related to Danske Bank (DANSKE.CO) and a money laundering scandal, Frankfurt prosecutors said on Wednesday. They are investigating whether Germany’s biggest bank facilitated money laundering and whether it failed to alert authorities about… Read More
26th September 2019
Russia’s richest woman, who has links to Boris Johnson, has resigned as a trustee of the mayor of London’s charity after questions were raised about a £138,000 donation by her foundation. Elena Baturina, 56, moved to London after her husband was accused of corruption and sacked as mayor of… Read More
17th September 2019
A Russian hacker at the center of an alleged scheme to steal financial data on more than 80 million JP Morgan Chase & Co. clients will plead guilty later this month, according to a U.S. court filing. Andrei Tyurin, who was extradited last year from the Republic of Georgia, is… Read More
13th September 2019
Russian law enforcement authorities on Thursday carried out mass raids on the homes and offices of Kremlin critic Alexei Navalny’s supporters across the country, a move he described as the biggest crackdown of its kind in modern Russian history. More than 200 searches took place as part of an investigation… Read More