9th December 2015
KINSHASA (Reuters) – Democratic Republic of Congo loses up to $15 billion a year due to fraud, the president’s anti-corruption adviser said on Wednesday, an amount close to twice the central African country’s budget. Read More
9th December 2015
MUSCAT: Hamood bin Sanjour al Zedjali, Executive President of the Central Bank of Oman ( CBO ) affirmed that all banking institutions in the Sultanate are in sound financial positions in line with international standards. He pointed out that the Omani banking sector today has 16 commercial… Read More
9th December 2015
Royal Bank of Scotland Group Plc agreed to pay 23.8 million euros ($26 million) to settle allegations from German prosecutors that its Swiss Coutts & Co. Ltd. private bank helped some clients evade tax. Read More
9th December 2015
(ANSA) – Vatican City, December 9 – The Council of Europe’s monitoring committee against money laundering, Moneyval, approved the Vatican’s Second Progress Report on Tuesday during its Plenary Meeting in Strasbourg, said the Holy See Press Office on Wednesday. Read More
9th December 2015
Australian Federal Police have raided what witnesses say is the Sydney home of a man named by Wired magazine as the probable creator of cryptocurrency bitcoin. As correspondent Ivor Bennett reports, his identity has long been a mystery. Read More
9th December 2015
As part of a crackdown on tax evasion, the Australian Taxation Office (ATO) has confirmed that it has visited seven adviser firms linked to offshore arrangements and contacted more than 100 parents who paid school fees from overseas bank accounts. Read More
8th December 2015
Police have launched civil action over $34 million of “ill-gotten gains” owned by companies associated with a high-profile Auckland-based restaurant chain. Read More
8th December 2015
The Commission in October 2015 decided that Luxembourg’s ruling for Fiat does not reflect economic reality such that it grants a selective tax advantage to the company in breach of EU law. As a result, the Commissioner ordered Luxembourg to recover an amount of about EUR20m in “unpaid tax” from… Read More