20th November 2020
Australia’s longest-running bribery investigation came to a head on Wednesday with the arrest in Queensland of a former senior executive from construction giant Leighton Holdings over his alleged involvement in a $1 billion international graft scandal. The charging of Russell Waugh comes after two Monaco-based brothers turned police supergrasses… Read More
20th November 2020
A controversial millionaire pastor has turned himself in to police after South Africa issued a warrant of arrest against him for skipping bail and fleeing home to Malawi. Shepherd Bushiri and his wife, Mary, are facing charges of money laundering and fraud in South Africa. On Saturday he told his… Read More
19th November 2020
The UK’s National Crime Agency (NCA) is calling for additional reforms to the country’s system for reporting suspicious transactions in an effort to scale back the volume of defensive filings it receives, the Financial Times reported Thursday. Although the Home Office has launched a “transformation programme” aimed at overhauling… Read More
19th November 2020
It isn’t much fun these days being Prince Andrew, eighth in line to the British throne. Last year he was grounded by his mother, the queen, after a disastrous TV interview about his links to the late money manager and convicted pedophile Jeffrey Epstein. The prince rarely leaves… Read More
19th November 2020
Criminals are laundering illegally obtained funds meant for Covid-19 relief through the most popular apps for legally sending and receiving money, law enforcement officials say. Cash App, Venmo, Zelle and PayPal have become portals to easily move money, making transactions more difficult to trace. “I’ve never seen, in my 28… Read More
19th November 2020
The United States on Wednesday imposed broad sanctions targeting Iran, blacklisting a foundation controlled by Supreme Leader Ayatollah Ali Khamenei and taking aim at what Washington called Iran’s human rights abuses a year after a deadly crackdown on anti-government demonstrators. The sanctions announced by the U.S. Treasury Department, which also… Read More
19th November 2020
UNITED NATIONS (Reuters) – Germany accused Russia and China on Tuesday of preventing a United Nations Security Council committee from determining whether North Korea has breached a U.N. cap on refined petroleum imports by the isolated Asian state. The Security Council has ratcheted up sanctions on North Korea since 2006… Read More
19th November 2020
An explosive foreign interference investigation into a New South Wales Labor MP’s former staffer has widened to focus on money laundering after around $60,000 in bundles of cash was seized from the Chinese-Australian man’s Sydney home. Documents filed in the High Court by lawyers for the prime suspect, 62-year-old John… Read More
19th November 2020
President Donald Trump signaled he intends to nominate the acting Comptroller of the Currency to a new five-year term, potentially complicating plans the Biden administration has to impose tougher regulations on Wall Street banks. In a Tuesday statement, the White House said it intends to submit Brian Brooks’ name to… Read More
19th November 2020
Francisco Sagasti is an experienced political strategist, consultant to the United Nations, the author of 25 books and an industrial engineer who once worked at the World Bank. And he’s a man who isn’t easily ruffled, perhaps because he was one of the hostages taken by Peru’s MRTA guerrillas… Read More