3rd December 2020
EU envoys agreed on Wednesday on a new mechanism to punish human rights abuses around the world by targeting people regardless of their nationality or their location, two diplomats said. Pushed by the Netherlands, as well as the United States, the European Union will now be able to freeze assets… Read More
2nd December 2020
A U.K. civil court froze up to $5 billion in assets including stakes in luxury hotels, cash in bank accounts in half a dozen countries and a Burger King franchise, as part of an international legal saga that ensnared Kazakhstan’s richest businessmen, according to court documents. The Business and Property… Read More
1st December 2020
By Will Fitzgibbon, ICIJ, 30 November 2020 ICIJ — JPMorgan Chase, America’s largest bank, helped move millions of dollars for a New Jersey con man long after he was first accused of ripping off customers looking for good deals on the used cars of their dreams. Many borrowed from… Read More
1st December 2020
Deutsche Bank AG executives want to expand in Russia despite a legacy of missteps and massive fines. Outside monitors who watch over the bank’s money-laundering controls said it should shut the business instead, according to a person familiar with the communications. The monitors, appointed by New York state’s Department of… Read More
30th November 2020
It was perhaps the world’s most expensive wedding; an extravaganza costing tens of millions of pounds with performances by Jennifer Lopez, Sting and Enrique Iglesias, a fleet of Rolls Royces to ferry the guests and a 20-year-old bride wearing a $1m dress and a $5m crown. The groom, Said Gutseriev,… Read More
30th November 2020
By Lily Dobrovolskaya, OCCRP, 27 November 2020 OCCRP – An American airline that has been transporting protected witnesses for the U.S. government was once part-owned by two Russian organized crime figures, and is still owned by the son of their business partner, an OCCRP investigation has… Read More
27th November 2020
High-profile Kremlin critic and investor Bill Browder has threatened Credit Suisse and UBS with legal action for breaching US sanctions if they unfreeze accounts belonging to three Russian clients accused of a huge tax fraud against his investment company. The two Swiss banks hold assets worth more than $24m, which… Read More
26th November 2020
By Andrei Zakharov, Roman Badanin, OCCRP, 24 November 2020 Viktor Zolotov, head of the National Guard of Russia, visited a village on the Gulf of Finland last year to make a special delivery. In a solemn ceremony, flanked by troops standing at brisk attention, he presented… Read More
25th November 2020
Corporate services provider Credence, which featured in an extensive European Investigation Collaborations exposé on tax avoidance in Malta, has been fined €261,000 by the Financial Investigation Analysis Unit for breaches of various money laundering obligations. Credence Corporate Advisory Services is a Maltese law firm which featured in stories on the… Read More
24th November 2020
Studded with Mediterranean-style cottages and modest low-rise homes, the winding descent toward the Golden Shore public beach might be charming — if it weren’t for the huge concrete hulk thrusting itself into view from below. Here, on the southern outskirts of Ukraine’s Black Sea port city, beachgoers grab snacks and… Read More