U.N. rights boss decries Venezuela crackdown; says sanctions may worsen crisis
21st March 2019
U.N. rights boss decries Venezuela crackdown; says sanctions may worsen crisis
Venezuelan security forces, backed by pro-government militias, have quashed peaceful protests with excessive use of force, killings and torture, U.N. human rights chief Michelle Bachelet said on Wednesday. The country was plunged into a political crisis in January when Juan Guaido, head of the opposition-controlled congress, invoked the constitution to… Read More
Money laundering: Ex-Credit Suisse bankers arrested over $2 billion-loan fraud scam
4th January 2019
Money laundering: Ex-Credit Suisse bankers arrested over $2 billion-loan fraud scam
Three former Credit Suisse bankers have been arrested over money laundering and bribery charges pertaining to a scam which involved $2 billion in loans to companies in Mozambique. According to the prosecution, three Mozambican state-owned firms borrowed over $2 billion. The loan proceeds were meant to be used… Read More
EU open to Iran sanctions after foiled France, Denmark plots – diplomats
20th November 2018
EU open to Iran sanctions after foiled France, Denmark plots – diplomats
European Union foreign ministers showed cautious support on Monday for possible new economic sanctions on Iran in a shift of policy after accusations of Iranian attack plots in France and Denmark, diplomats said. Denmark and France briefed their EU counterparts at a meeting in Brussels on the alleged plots and… Read More
Nomura to pay $480m for misleading investors, due diligence issues
24th October 2018
Nomura to pay $480m for misleading investors, due diligence issues
Nomura and several of its affiliates have agreed to pay a total of $480 million to settle charges of misleading investors over the sale of residential mortgage-backed securities (“RMBS”) between 2006 and 2007, an issue which resulted in investors suffering ‘significant’ losses and also highlighted the bank’s poor due diligence… Read More
UN court orders US to lift some Iran sanctions
4th October 2018
UN court orders US to lift some Iran sanctions
AP — The United Nations’ highest court on Wednesday ordered the United States to lift sanctions on Iran that affect imports of humanitarian goods and products and services linked to civil aviation safety. The ruling by the International Court of Justice is legally binding, but the… Read More
Trump to chair U.N. Security Council meeting on Iran
5th September 2018
Trump to chair U.N. Security Council meeting on Iran
U.S. President Donald Trump will chair a U.N. Security Council meeting on Iran this month to spotlight its “violations of international law” during the annual gathering of world leaders in New York, U.S. Ambassador Nikki Haley said on Tuesday. The United States, which holds the council presidency for September, has… Read More
Malaysian financier wanted in 1MDB probe says he will not surrender
20th August 2018
Malaysian financier wanted in 1MDB probe says he will not surrender
A Malaysian financier wanted for his role in the multi-billion-dollar scandal at state fund 1MDB has said he does not expect to get a fair hearing anywhere and will not present himself to any country where his guilt has been predetermined. Low Taek Jho has been identified by investigators in… Read More
Returning to nuclear deal can pave way for talks with U.S., tweets Rouhani ally
31st July 2018
Returning to nuclear deal can pave way for talks with U.S., tweets Rouhani ally
To pave the way for talks with Iran, the United States should return to a 2015 nuclear deal between Iran and six major powers, an aide to Iranian President Hassan Rouhani said on Tuesday. “Respecting the Iranian nation’s rights, reducing hostilities and returning to the nuclear deal are steps that… Read More
Sanctioned Libya coastguard commander says hits migrants to protect them
20th June 2018
Sanctioned Libya coastguard commander says hits migrants to protect them
A Libyan coastguard commander sanctioned by the United Nations for alleged human trafficking and migrant smuggling said he hits migrants but does so for their own safety to prevent them from capsizing. Abdalrahman al-Milad, who heads a coastguard unit in Zawiya, just west of Tripoli, was one of six people… Read More
Iran president: Uranium enrichment may resume if deal fails
10th May 2018
Iran president: Uranium enrichment may resume if deal fails
AP — President Hassan Rouhani warned Tuesday that Iran could restart enriching uranium “without any limitations” within weeks, after President Donald Trump pulled America out of the nuclear deal, though he said world powers still in the accord could potentially save the pact. Rouhani’s speech, broadcast live on state… Read More
Popular

The Vienna Bank Job

Miami professor who wrote book on organized crime laundered millions in dirty money, feds say

Sweden’s SEB Falls Most in a Decade Amid Money Laundering Report

NAB faces ‘significant’ penalties for money laundering breaches

Russian security services used Estonia to fund activities abroad: Estonian minister

Must Read

Westpac hit with child exploitation, money laundering claims

Swedbank’s High-Risk Secrets

Vatican Loses Access to International Financial Watchdog Information

German police raid suspected hawala banking ring

Brazilian police seek arrest of Paraguay ex-President Cartes