13th June 2016
Regulator to crack the whip on stock market violators, plans more stringent action to check speculation and manipulation on China’s bourses Read More
13th June 2016
Qi Bin, chief of the China Securities Regulatory Commission’s department of international cooperation, stepped up calls for the inclusion of A shares into MSCI’s emerging markets benchmarks Sunday, two days ahead of a final verdict by the global index provider. Read More
13th June 2016
Three former Guatemalan cabinet ministers were arrested on corruption charges amid claims they used public money to buy houses, boats, and a helicopter for a former president. Read More
13th June 2016
Egypt's parliament approved on Sunday the appointment of a former prosecutor as the new anti-corruption chief, state news agency MENA said, less than a week after his predecessor went on trial accused of making up lies about the scale of the problem. Read More
13th June 2016
Mexican police have arrested a teachers' union leader accused of siphoning off money raised illegally from union members in the southern city of Oaxaca. Read More
13th June 2016
Dutch National Johan Van Laarhoven was arrested and sentenced to 103 years in prison for money laundering. His fortune was made from running licensed cannabis cafes in his own country, and Dutch parliament members are urging the Thai and Dutch governments to remove him from jail for lack of evidence. Read More
10th June 2016
China’s securities regulator has rushed through stock market rule changes under its new chairman in a bid to persuade MSCI to include domestic Chinese shares in one of its global benchmarks. The New York-based index provider will announce on June 14 if China has done enough to overcome investor concerns,… Read More
10th June 2016
The Madrid branch of Chinese bank ICBC received cash in rucksacks and boxes from Chinese criminal groups in Spain and wired the money to accounts in China under a $100-million money-laundering scheme, Spanish prosecutors say. Details of the allegations against ICBC are made public for the first time in a… Read More
10th June 2016
THE Court of Appeal nullified the decision by High Court, which ruled in favour of former Commissioner General with Tanzania Revenue Authority (TRA), Harry Kitilya and two others in the 12bn/- criminal trial, over deletion of money laundering count. This follows the decision by Justices Salum Massati, Kipenka Mussa and… Read More
10th June 2016
The Enforcement Directorate, which investigates financial crimes, has moved a special anti-money laundering court in Mumbai to declare business tycoon Vijay Mallya an offender over a billion dollars in unpaid loans by his firms. The agency has said this must done as the flamboyant businessman has ignored a series… Read More