16th June 2020
Jordan’s government unveiled strengthened legal measures on Sunday to fight corruption and announced an expansion of efforts to collect taxes and prevent evasion. Amendments introduced to the 2020 Integrity and Anti Corruption Commission Law will grant the anti-corruption body greater autonomy and legal backing to investigate a wider scope of… Read More
16th June 2020
A loophole in Kuwait’s tax compliance laws applicable for foreign accounts and the United States Foreign Account Tax Compliance Act (FATCA) may be resulting in money laundering and tax evasion, experts feel. Crimes linked to the 1MBD Malaysian scandal and other financial offences committed by a number of Korean nationals… Read More
15th June 2020
Authorities in the African country of Cape Verde detained a Colombian businessman wanted in the U.S. on money-laundering charges, in a blow for Venezuela’s authoritarian government, for whom he has become an important deal maker. Alex Saab Morán, traveling in a private jet, was arrested during a refueling stop… Read More
15th June 2020
Gold smuggling from eastern Democratic Republic of Congo is costing the impoverished country millions of dollars in tax revenue and funding conflict and criminal networks that stretch across Africa and beyond, according to a United Nations Group of Experts report. Congo’s official exports of hand-dug gold bear almost no relation… Read More
15th June 2020
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
12th June 2020
President Donald Trump authorized sanctions Thursday on International Criminal Court officials who take part in investigations targeting the U.S. and its allies, delivering on a long-time promise to punish a body that his administration calls a threat to American sovereignty. The executive order, which would deny visas and block funds… Read More
12th June 2020
A “wrongful death” lawsuit has been filed against Qatar’s royal family by relatives of 10 Americans who were either killed or seriously injured during terrorist attacks in Israel and the Israeli-occupied West Bank between 2014 and 2016. Representing 51 plaintiffs and 10 victims, the lawsuit, which was filed in a… Read More
11th June 2020
A federal judge indicated prosecutors could face disciplinary action for allegedly failing to turn over evidence in a case that led to the conviction of an Iranian man on money-laundering and sanctions violations charges. The comments from Judge Alison Nathan came in response to a Friday request by the top… Read More
11th June 2020
Imran Aliyu Abdulhameed, son of Aliyu Abdulhameed, the embattled Managing Director, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) was jailed by the government of Ras AL Khaimah, the United Arab Emirates for laundering money, in case number 2018/4796, SaharaReporters can exclusively confirm. Imran was jailed in August 2018… Read More
11th June 2020
July 14, 2015 was a landmark date in the long-running feud between Europe, the US and Iran. Iranian officials agreed to terminate the country’s nuclear programme, and in exchange, would benefit from the removal of crippling sanctions – including on petroleum exports. Trade with the EU soared. Over the following… Read More