23rd May 2019
AP — The European Union’s police agency says an international law enforcement operation has smashed an organized crime gang that earned hundreds of millions of euros in drug and cigarette trafficking, assassinations and money laundering. Europol said Wednesday that more than 450 police and customs officers in Spain, the United… Read More
23rd May 2019
Washington urged South Africa on Wednesday to extradite Mozambique’s former finance minister Manuel Chang to the United States to face charges related to a $2 billion debt scandal, after it was decided he be sent to his home country. Chang has been in custody in South Africa since December when… Read More
23rd May 2019
Israeli Prime Minister Benjamin Netanyahu received on Wednesday a three-month delay, until October, for a hearing to argue against the attorney-general’s plan to indict him on graft charges. Netanyahu’s attorneys had requested a postponement until May 2020 to give them more time to examine the evidence in three corruption cases,… Read More
23rd May 2019
French prosecutors have described a web of corruption once rife in world athletics, including bribes paid to cover up athletes’ positive drugs tests, in an indictment recommending that Lamine Diack, the Senegalese former head of the IAAF, and his son stand trial. The indictment handed to judges by France’s financial… Read More
23rd May 2019
Democratic senators on Tuesday questioned a US official about his bureau’s scrutiny of Deutsche Bank in light of a report alleging that the lender withheld regulatory filings linked to President Donald Trump. In a hearing on beneficial ownership regulations by the Senate Banking Committee, Democratic lawmakers repeatedly asked the director… Read More
22nd May 2019
Britain’s accounting watchdog has proposed fining KPMG 12.5 million pounds ($16 million) for errors in checking whether BNY Mellon bank was complying with rules for safeguarding client assets. The Financial Reporting Council (FRC) said it has asked an independent disciplinary tribunal on Tuesday to levy the fine, a record for… Read More
22nd May 2019
In early 2018, in a complex of low-rise buildings in the Australian capital, a team of government hackers was engaging in a destructive digital war game. The operatives – agents of the Australian Signals Directorate, the nation’s top-secret eavesdropping agency – had been given a challenge. With all… Read More
22nd May 2019
Reports of suspicious financial activity in the Vatican reached a six-year low in 2018, an internal watchdog report showed on Tuesday, continuing a trend officials said showed reforms were fully embedded. The annual report by the Vatican’s Financial Information Authority (AIF) also showed that Vatican’s cooperation with international financial regulators… Read More
22nd May 2019
Argentina’s populist ex-president Cristina Fernandez de Kirchner passed through a crowd of ardent supporters and into a Buenos Aires courthouse on Tuesday to undergo a graft trial she derided as a “smokescreen,” days after kicking off her campaign for vice president on social media. Sitting for the first time in… Read More
22nd May 2019
Ukrainian President Volodymyr Zelenskiy picked a lawyer with links to a prominent tycoon on Tuesday as head of the presidential administration, an appointment closely watched by investors in the early days of Zelenskiy’s term. A comedian with no prior political experience, Zelenskiy won last month’s presidential election by a landslide… Read More