12th November 2019
The former first deputy chairman of the central bank is among seven people who have been detained on suspicion of embezzling $49 million that was part of a loan the National Bank of Ukraine (NBU) gave to stabilize a struggling bank owned by one of the country’s biggest agricultural producers. Read More
8th November 2019
Serhiy Lovochkin, who used to head the administration of former Ukrainian president Viktor Yanukovich, and his sister Yulia Lovochkina, co-owned Latvia’s Trasta Banka through a proxy, according to a report published by the Organized Crime and Corruption Reporting Project (OCCRP). UK citizen Charles Treherne held just under ten percent in… Read More
6th November 2019
U.S. Treasury Secretary Steven Mnuchin said Exxon Mobil Corp. is warping the definition of “services” to dodge a claim that it violated Ukraine-related sanctions in 2014 by striking a series of oil and gas deals with a powerful ally of Russian President Vladimir Putin. Exxon is using an “overly… Read More
5th November 2019
Britain is known for its strong rule of law. Yet London is also a global hotspot for money laundering, tax evasion and other financial crimes. Experts say that a no-questions-asked approach to opening U.K. companies has exacerbated this problem. However, the U.K.’s transparent registries and its freedom of information laws… Read More
30th October 2019
At the edge of a lake on a fault line of the new Cold War stands a building that, depending on how you look at it, is either a relic of a failed revolution or the beating heart of a new one. In Soviet times, the Kuchurgan electricity plant powered… Read More
22nd October 2019
Exxon Mobil Corp.’s clash with Treasury Secretary Steven Mnuchin is escalating in a Texas court with the energy giant claiming government interpretation of sanctions regulations is too broad. The dispute relates to a 2014 deal Exxon struck with Moscow-based Rosneft OAO while the company’s Chief Executive Officer Igor Sechin… Read More
18th October 2019
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
16th October 2019
PrivatBank won an appeal in a London court on Tuesday that allows Ukraine’s largest lender to pursue claims worth billions of dollars against its former owners. The case is part of a protracted legal battle between the Ukrainian government and former owners Ihor Kolomoisky and Gennadiy Bogolyubov after PrivatBank was… Read More
14th October 2019
Semyon Kislin, a business associate of Donald Trump who is due to give evidence at the US president’s impeachment inquiry on October 14, tried to obtain millions of dollars that Ukrainian prosecutors deemed stolen, Al Jazeera can reveal. Kislin is a long-time friend of Trump’s personal lawyer, Rudy Giuliani. Read More
11th October 2019
An international arrest warrant is being prepared for Ukrainian billionaire Kostyantyn Zhevaho, who the newly created State Bureau of Investigations (DBR) suspects of large-scale money laundering and embezzlement of funds from a bank he formerly owned. DBR chief Roman Truba said in a briefing on October 9 that an arrest… Read More