27th May 2016
Details are slowly emerging that as many as 16 bank accounts were held by FIFA officials at Swiss private bank Julius Baer, with at least four of them held by officials indicted by the US Department of Justice in its investigation into FIFA corruption and money laundering. The news,… Read More
25th May 2016
A joint CBC/Toronto Star investigation based on the Panama Papers provides the closing chapter in a years-long saga involving Canadian tycoon Victor Dahdaleh, which saw him battle criminal charges and a billion-dollar lawsuit on two continents over an international bribery scandal — all the while forging close ties with a trio of Canadian universities. Read More
25th May 2016
U.S. officials say he “enriched himself” with $400 million (U.S.) in mark-ups and paid tens of millions of dollars in bribes to Bahraini officials, a Toronto Star/CBC investigation has found. Read More
20th May 2016
An offshore company opened for a man involved in the sale of the State energy provider, was “a text book case of suspected money laundering” which merited investigation, Shadow Justice Minister Jason Azzopardi said today. Read More
18th May 2016
Ineffective anti-money laundering controls in some banks have come to light recently in Panama, Honduras and Guatemala and reputational risk could spread throughout the region. This brings another layer of risks to the region's banks and exposes them to heightened event risk, says Fitch Ratings. Read More
12th May 2016
Heating up the debate on Panama Papers controversy, Pakistan Tehreek-e-Insaf (PTI) chairman has called Prime Minister Nawaz Sharif the ‘king of corruption’. Read More
11th May 2016
Any Government move to quickly extend anti-money laundering laws to include lawyers, accountants and real estate agents is not a solution to dealing with foreign trusts, says an industry expert. Read More
10th May 2016
U.S. authorities investigating corruption in world soccer have gained the cooperation of a Swiss banker, according to people familiar with the matter, leading their probe closer to financial institutions that prosecutors have said were used to move bribe money. Read More
7th May 2016
The anonymous source behind the leak of the Panama Papers has spoken for the first time, offering to help law authorities make prosecutions in return for immunity. 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