Featured United Nations

Money Laundering May Have Fueled Luxury US Lifestyle of Hugo Chavez’s Daughter

The daughter of late Venezuelan President Hugo Chávez allegedly used a secret bank account in the United States for two years to make million-dollar purchases, adding to a long list of money-laundering accusations against the Chávez family. According to a report by Diario Las Américas, María Gabriela… Read More

El Salvador launches anti-corruption commission, inspired by Guatemala

Salvadoran President Nayib Bukele on Friday unveiled a new independent commission to tackle corruption, taking inspiration from a U.N.-backed body that toppled the previous president of neighboring Guatemala. Bukele, who took office in June, has vowed to stamp out corruption that has implicated former presidents and said he had created… Read More

North Korea exploits UN sanctions loophole to earn foreign currency

North Korea is increasing exports of paintings and wigs to China, in an effort to earn foreign currency by exploiting a U.N. sanctions loophole. While North Korea’s exports to China halved in value on the year in 2018 due to the U.N. sanctions, China represents a record 95.8% of the… Read More
15th August 2019
AP — U.N. experts say they are investigating at least 35 instances in 17 countries of North Koreans using cyberattacks to illegally raise money for weapons of mass destruction programs — and they are calling for sanctions against ships providing gasoline and diesel to the country. Last week, The Associated… Read More
8th August 2019
By Jesse Eisinger, ProPublica, and Kevin Wack, American Banker Since Donald Trump’s election, federal white-collar enforcement has taken a big hit. Fines and settlements against corporations have plummeted. Prosecutions of individuals are falling to record lows. But just how these fines and settlements came to be slashed is… Read More
6th August 2019
United Nations investigators urged world leaders on Monday to impose targeted financial sanctions on companies linked to the military in Myanmar, and said foreign firms doing business with them could be complicit in international crimes. A panel of human rights experts identified scores of companies tied to the army, which… Read More
6th August 2019
North Korea has generated an estimated $2 billion for its weapons of mass destruction programs using “widespread and increasingly sophisticated” cyberattacks to steal from banks and cryptocurrency exchanges, according to a confidential U.N. report seen by Reuters on Monday. Pyongyang also “continued to enhance its nuclear and missile programmes although… Read More
24th June 2019
A historic visit by Chinese President Xi Jinping this week may have bolstered Kim Jong Un’s hopes that economic relief may be coming soon, but a new report reveals North Korea’s road to international investment may be blocked by more than sanctions. While there are no signs that international sanctions… Read More
23rd June 2019
UN officials have voiced concerns that alleged members of Al Qaeda and Islamic State are exploiting loopholes in the intergovernmental group’s sanctions to access blocked funds, The Wall Street Journal reported Wednesday. Under UN Security Council rules, blacklisted individuals can request to take back a portion of their frozen money… Read More
20th June 2019
AP — Russia and China have blocked the U.N. Security Council committee monitoring sanctions against North Korea from declaring that Pyongyang breached the annual limit for importing refined petroleum products which are key for its economy, two U.N. diplomats said Tuesday. The diplomats said the Russians and Chinese notified the… Read More
13th June 2019
AP — The United States and 25 other countries are accusing North Korea of violating U.N. sanctions by importing far more than the annual limit of 500,000 barrels of refined petroleum products. A complaint seen Wednesday by The Associated Press asks the U.N. Security Council committee monitoring sanctions against North… Read More
12th June 2019
The United States said on Tuesday that Iran’s work with advanced centrifuges is a breach of the nuclear deal Washington has already pulled out of, expressing its concern while repeating that it is open to holding talks with Tehran. In a statement to a quarterly meeting of the U.N. nuclear… Read More
11th June 2019
Iran has followed through on a threat to accelerate its production of enriched uranium, the head of the U.N. atomic watchdog said on Monday, departing from his usual guarded language to say he was worried about increasing tension. The assessment comes at a time of sharply increased U.S.-Iranian confrontation in… Read More