16th March 2016
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has reaffirmed its support for a new Indonesian regulation on submission of data and information to combat money laundering, adding that the measure will also aid in efforts to eradicate terrorism. Read More
16th March 2016
DHAKA - A printer error first tipped off Bangladesh's central bank to one of the biggest cyber heists in recent history, according to a complaint filed to police that provided new details on the attempted theft of nearly US$1 billion. Read More
16th March 2016
New Delhi: Under fire from multiple agencies, Vijay Mallya's Kingfisher Airlines now faces a probe by the Serious Fraud Investigation Office (SFIO) into its allegedly 'inflated' brand valuation of over Rs 4,000 crore. Read More
16th March 2016
Amazon is one of three US tech companies together with Google and Apple that have faced tax allegations in Italy. Read More
16th March 2016
FIFA acknowledged Wednesday that past World Cups were awarded based on bribes, and the organization wants U.S. prosecutors to give it “tens of millions of dollars” seized from the former FIFA officials who took the cash. Read More
16th March 2016
Nairobi — The High Court has now directed 10 suspects in the National Youth Service scam to answer to money laundering charges. Read More
15th March 2016
On 19 February, 2016 the Financial Action Task Force (“FATF”) issued a public statement reaffirming its blacklisting of Iran and the Democratic People’s Republic of Korea (“DPRK”). Read More
15th March 2016
Former Head of Service of the Federation Steve Oronsaye, has pleaded not guilty to a two-count charge of corruption and obtaining by false pretense. Read More
15th March 2016
WEST PALM BEACH - A Palm Beach County man has been sentenced to 20 years in federal prison for bilking $80 million from investors in a virtual concierge business. Read More
15th March 2016
Panama has ignored the majority of requests for information sent by Malta’s anti-money laundering agency (FIAU) for 10 years, highlighting the difficulty of penetrating the country’s strict secrecy laws. Read More