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Former Leighton executive charged in Sydney over global Unaoil bribery scandal

Former Leighton Holdings executive David Savage has been charged over his alleged role in the international Unaoil scandal, which involved bribery of senior officials in oil-producing nations to secure lucrative contracts. Mr Savage, the former chief operating officer of the prominent Australian infrastructure firm, was arrested by Australian Federal Police… Read More

U.S. reduces length of sanctions waiver, increasing pressure on Iraq and Iran

The Trump administration intensified pressure Friday on Iraq and Iran by reducing the length of a sanctions waiver that allows Iraq to power its already overstretched energy grid. The Trump administration’s maximum-pressure campaign against Iran has left Iraq dependent on the rolling waivers, which exempt it from sanctions when it… Read More

For working to support global justice, I could face U.S. sanctions

As a law professor, I have devoted my professional life to teaching about, advocating for, and advancing justice with regard to war crimes and crimes against humanity. Now, my dual Canadian-U.S. citizenship has made me a special target for the Trump administration’s efforts to undermine the quest for global justice. Read More

26th October 2020

Iraq emerges as new front for enforcement of Iran oil sanctions

Persian Gulf waters off Iraq have become a new, important waypoint for Iranian oil smugglers looking to avoid U.S. sanctions, according to American officials, who expressed frustration that Baghdad and other allies aren’t acting more aggressively to enforce curbs on commerce with Tehran. Iranian tankers now regularly transfer… Read More

7th August 2020

US action against Islamic State financier shows Jihadists’ cash flow continues from Turkey

The U.S. designation last week of a new Turkey-based member of the notorious Rawi Network for allegedly facilitating money transfers to the Islamic State (IS) in Syria has raised fresh concerns among observers that jihadists continue to use Turkey to fund their activities in Syria. The Rawi Network, founded by… Read More

27th July 2020

How U.S. taxpayer dollars may have bought a Kurdish strongman’s Beverly Hills mansions

Bribing one politician is bad. Bribing all the politicians is worse. The U.S. Department of Justice is investigating a group of companies in Kurdistan, Iraq’s semi-independent northern region, that appears to be doing the latter in order to secure a monopoly on Pentagon fuel contracts worth hundreds of… Read More

9th July 2020

Was Islamic State trying to sell €1 billion worth of drugs in Europe?

Last week Italian law enforcement agents carried out what they said was the world’s largest ever drugs bust of amphetamines. A video from the Guardia di Finanza, a financial crime and smuggling investigations unit attached to the Ministry of Economy and Finance, shows officers using circular saws to cut… Read More

25th June 2020

Paris art experts arrested over looted antiquities

Five eminent Parisian antiques specialists have been arrested on suspicion of selling looted Middle Eastern artefacts worth tens of millions of euros. The experts are suspected of masking the origin of the items before selling them to clients, including some of the world’s leading museums, such as the Louvre’s… Read More

16th June 2020

How China got shipments of Venezuelan oil despite U.S. sanctions

Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States had imposed sanctions on Venezuela’s state-owned oil company as part of a bid to topple that country’s socialist president, Nicolas… Read More

15th June 2020

US ‘Caesar Act’ sanctions could devastate Syria’s flatlining economy

Its currency has plunged by 70% since April, more than half its people face food scarcity, and hopes of rebuilding a country shattered by war continue to ebb. Syria seems barely able to absorb new shocks, but new US sanctions that take effect next week, could devastate what is left… Read More

24th May 2020

St. Kitts and Nevis citizenship scheme gets a lift from coronavirus pandemic

If you have been dreaming of getting away from the uncertainty caused by the coronavirus pandemic, you can — provided you have some cash in hand. For the starting sum of $150,000, you can buy your citizenship of the pristine Caribbean islands of Saint Kitts and Nevis. With their pure… Read More

5th May 2020

Heathrow Border Force seizure turns out to be a right Mesopotamia!

The Border Force officers had struck gold, it seemed. Or at least extremely valuable clay. Two metal trunks stuffed with cuneiform tablets apparently shedding light on the ancient world had been seized at Heathrow, interrupting a smuggling chain that linked the looted treasures of Mesopotamia with Britain’s collectors. When the… Read More

6th April 2020

Sanctioned Hezbollah agent has close ties to Iran’s money laundering network in Iraq

A shadowy Hezbollah intelligence operative in Iraq has close ties to what the US refers to as a key money-laundering network by the Islamic Revolutionary Guard Corps’ Quds Force, an investigation by The National has found. In November 2018, the US sanctioned Mohammad Abd Al Hadi Farhat, saying the Lebanese… Read More

Must Read

Defense Act Expands Scope of Foreign Bank Records U.S. Authorities Can Obtain

After Brexit, the UK is Open to Almost Unrestrained Antiquities Trade

Alleged RCMP mole accused of selling secrets to kingpin money launderer and terror-financier’s network

China Tripled AML Penalties in 2020 Compared to 2019

Fines for UK firms buying goods linked to Chinese slave labour camps