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23rd July 2020

U.K.’s Russia report demands major rethink of ‘Golden Visas’

A costly visa favored by Russian oligarchs and other wealthy investors should be completely revised because it was widely exploited and applicants weren’t adequately vetted, according to a report that laid out the scale of the country’s infiltration in U.K. society and politics. “The U.K. welcomed Russian money, and… Read More

23rd July 2020

How London became Russians’ laundromat, no questions asked

Britain has left it too late to untangle the web of Russian influence that permeates the upper ranks of the political and business establishment, the Russia report claims. Wealthy and powerful Russians — some linked to President Putin, others who have fled his regime — are deeply entrenched in… Read More

22nd July 2020

Russia blazed a trail for Chinese oligarchs to nab London property

You can’t move in London for Russian oligarchs these days. The city is a haven for the rich and famous – or those trying to escape scrutiny. Its schools are good, it provides a stable investing environment, and according to those who monitor the flows of illicit money into the… Read More

21st July 2020

U.S. Adds Sanctions Against Chechen Leader Kadyrov For Rights Abuses

The United States has slapped additional sanctions on Chechen leader Ramzan Kadyrov “for numerous gross violations of human rights.” The U.S. State Department said on July 20 that for more than a decade the Moscow-backed leader of Russia’s North Caucasus region of Chechnya had been responsible for abuses including torture… Read More

20th July 2020

France, Germany, Italy threaten sanctions over arms for Libya

The leaders of France, Germany and Italy on Saturday threatened for the first time to use sanctions against countries that continued to violate a United Nations arms embargo on Libya. French President Emmanuel Macron, German Chancellor Angela Merkel and Italian Prime Minister Giuseppe Conte urged “all foreign actors to end… Read More

16th July 2020

Pompeo warns of new sanctions over Nord Stream 2, TurkStream

The U.S. is moving toward sanctions against energy companies involved in Russian pipelines to Europe and Turkey, escalating a threat to punish allies for pursuing projects that the U.S. argues will only benefit Russia. As Europe’s domestic gas supplies decline, the region is becoming more dependent on imported fuel. The… Read More

16th July 2020

U.S. Imposes Sanctions on Network for Allegedly Helping Blacklisted Russian Businessman

The U.S. imposed sanctions on a network of individuals and entities it claims helped Russian businessman Yevgeniy Prigozhin evade U.S. sanctions. The Treasury Department blacklisted Mr. Prigozhin in 2018 for his alleged involvement in interfering with U.S. elections and the alleged financing of the Internet Research Agency. IRA, a… Read More

16th July 2020

FBI concerned over laundering risks in private equity, hedge funds – leaked document

The U.S. Federal Bureau of Investigation believes firms in the nearly $10-trillion private investment funds industry are being used as vehicles for laundering money at scale, according to a leaked intelligence bulletin prepared by the agency in May. “Threat actors” — including criminals in it for the money and foreign… Read More

14th July 2020

Germany formally proposes first-ever use of EU cyber sanctions over Russia hacking

The German government has officially proposed that the European Union impose sanctions on Russian individuals responsible for a large-scale hacking of the Bundestag five years ago, the German Press Agency reported Sunday. If agreed, the plan, which was recommended by Berlin last month, would be the first use of an… Read More

13th July 2020

Moscow front companies, tax havens tied to Assad’s ‘chemical arsenal’

A Russian-Syrian business network has been accused of using Moscow front companies, tax havens in British overseas territories and European countries to transfer millions of dollars around the world for the Assad regime. The network, run by a Russian-Syrian businessman called Mudalal Khouri and his brothers, is said to have… Read More

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Suspected arms dealers moved millions in Somali money transfers, report says

US imposes sanctions on Iranian intelligence, Hezbollah-linked targets in Lebanon