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24th February 2021

Mexico moves to strip Tamaulipas governor’s immunity for alleged organized crime links

Mexico’s attorney general’s office has asked lawmakers to strip the governor of the violent northern state of Tamaulipas of his immunity, alleging probable cause for money laundering and ties to organized crime, a ruling party leader said on Tuesday. Ignacio Mier, the majority leader of Mexico’s lower house of Congress,… Read More

24th February 2021

Congo-Brazzaville Strongman Buys Secret Weapons Haul from Azerbaijan

By Khadija Sharife and Mark Anderson, OCCRP, 22 February 2021 OCCRP — In January 2020, at the Turkish port of Derince on the eastern shores of the Sea of Marmara, a huge cache of weapons was loaded onto the MV Storm. Registered in the tax haven of Vanuatu,… Read More

23rd February 2021

U.S. puts sanctions on two Myanmar generals over coup

The United States on Monday imposed sanctions on two members of Myanmar’s military junta and threatened further actions over the country’s Feb. 1 coup. The Treasury Department’s Office of Foreign Assets Control said the move took aim at General Maung Maung Kyaw, who is the air force commander in chief,… Read More

23rd February 2021

Malta: MPs hit out at lack of commitment to fight money laundering, no action on Pilatus Bank

Nationalist MP Karol Aquilina, shadow minister for justice, insisted in parliament on Monday that the government needs to let the institutions work against money laundering, and it also needs to explain why no action has been taken yet against Pilatus Bank, those allegedly involved in kickbacks on the sale of… Read More

23rd February 2021

Human traffickers use transportation corridors to avoid detection: report

Human traffickers are using transportation corridors to exploit more women and girls in Canada, a new report says. The report by The Canadian Centre to End Human Trafficking, found that by continuously moving through cities and provinces sex traffickers keep their victims confused and unable to… Read More

23rd February 2021

How Akingbola Bypassed Protocols to Transfer About $12million, £9million Offshore – Witness

A witness for the Economic and Financial Crimes Commission, EFCC, Babatunde Aro, has narrated how Erastus Akingbola, a former Group Managing Director of the defunct Intercontinental Bank, allegedly bypassed banking protocols to transfer $11.8 million and £8.54million offshore without recourse to the bank’s standard procedures. The EFCC witness reportedly disclosed… Read More

23rd February 2021

E.U. imposes sanctions on Russian officials after Navalny imprisonment

European Union foreign ministers agreed Monday to impose sanctions on top Russian officials following the imprisonment of opposition leader Alexei Navalny, a decision that was hastened by a tense trip to Moscow by the chief E.U. diplomat earlier this month. The asset freeze and travel ban was intended to… Read More

23rd February 2021

Third Australian state to hold powerful inquiry into Crown Resorts

Australia’s Victoria state said on Monday it would hold a royal commission inquiry into casino operator Crown Resorts Ltd and its fitness to hold a gambling licence, extending the fallout since media accused it of ties to money laundering. A week and a half since another state regulator found Crown… Read More

23rd February 2021

Tough Sanctions, Then a Mysterious Last-Minute Turnabout

In early December, an Israeli billionaire named Dan Gertler made an unusual request to the Treasury Department. A mining magnate who had been accused for years of corruption in deals he struck with leaders of the Democratic Republic of Congo, Mr. Gertler had been slapped with… Read More

23rd February 2021

Pakistan Looks to FATF Plenary for Grey-List Decision

With its plenary beginning on Monday (today), Pakistan may remain in the grey list of the Financial Action Task Force (FATF) though the authorities assert that the country qualifies to be moved out on merit. Background discussions with key officials and foreign diplomats suggest that the jury is divided —… Read More

Must Read

U.S. blocked Myanmar junta attempt to empty $1 billion New York Fed account

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UBS May Use Money-Launderer Case to Appeal $5.4 Billion Penalty

U.S., U.K. Weigh More Russia Sanctions, Possibly Targeting Debt

U.S. Weighs Sanctions Against Lebanon Central Bank Chief