9th May 2016
President Buhari recently expressed his frustration and displeasure over the negative role of the courts in the prosecution of corruption cases. The situation is not likely to improve as the government has not demonstrated its capacity to confront corruption headlong in any sustained manner. As far as the forces of corruption are concerned, it is business as usual. Read More
9th May 2016
Nigeria has called on an anti-corruption summit in the UK next week to support publicly accessible registers of beneficial ownership. It says the registers will help identify the individuals hiding behind corporate vehicles while laundering public funds in offshore territories. Read More
9th May 2016
Police authorities in Taiwan have cracked down on a money-laundering ring that used bitcoin currency in its activities, the Criminal Investigation Bureau (CIB, 刑事局) announced. Read More
9th May 2016
The co-founder of Liberty Reserve, the operator of what had been a widely-used digital currency, was sentenced to 20 years in prison on Friday for conspiring to help cyber criminals launder hundreds of millions of dollars using its services. Read More
7th May 2016
Singapore’s biggest banks are in talks about setting up a system for sharing information on prospective clients, in an effort to combat money laundering in the city-state. Read More
6th May 2016
A prominent family in Panama has been running businesses as a front for a major drug money-laundering operation, according to the US authorities. Read More
6th May 2016
FIFA ethics judges have imposed life bans on two South American football officials who have pleaded guilty in the United States to corruption charges. Read More
6th May 2016
WASHINGTON: In the wake of the public firestorm sparked by the Panama Papers scandal, the Obama administration has announced several new rules to combat financial crimes and close current loopholes in the US system that allow foreigners to hide assets in American accounts. Read More
6th May 2016
The Pyongyang skyline is rising — and not just with the trophy structures that represent the North Korean state. Despite its political and economic isolation, the capital is in the midst of a building boom. Read More
6th May 2016
Hedge fund Och-Ziff Capital Management Group has set aside $200 million as it negotiates with the U.S. government over a long-running foreign-bribery investigation. Read More