15th August 2016
Sri Lankan financial crime police arrested the eldest son of former president Mahinda Rajapaksa on Monday on suspicion of laundering money, his lawyer said, the latest legal difficulty for the once-powerful family. Sri Lanka’s new president, Maithripala Sirisena, faces pressure to act on allegations of corruption dating back to the… Read More
15th August 2016
Abuja – Lawmakers lashed out at embattled House of Representatives Speaker Yakubu Dogara on Sunday, carpeting him for claiming that “padding” is not corruption and can only be considered a legislative process. According to a Punch report, lawmakers expressed their anger over Dogara’s utterances, maintaining that budget padding is illegal… Read More
15th August 2016
Eight people face charges after authorities say they received $157 million in fraudulent insurance claims as part of a scheme involving prescription compounding pharmacies in Pasco County and the Miami area. Between Oct. 2012 and Dec. 2015 the suspects are accused of submitting $633 million in fraudulent reimbursement claims for… Read More
15th August 2016
The firm and its two promoters owe `2,555 crore to a consortium of 10 banks. Read More
15th August 2016
Kano lawmaker, Abdulmumin Jibrin, on Saturday called on anti-corruption agencies in the country to probe widespread acts of money laundering in the House of Representatives, saying the pattern has become entrenched in the lower chamber. Mr. Jibrin said there was no better time for the authorities… Read More
15th August 2016
An aide to former UKIP leader Nigel Farage is facing blackmail and money laundering charges in the US. Read More
12th August 2016
In a first, a Parliamentary Committee has recommended criminalising private sector bribery by bringing in corporates and their executives in the ambit of proposed anti-corruption law and recommended a maximum jail term of seven years along with fine. Besides, it has suggested punishment for bribe givers too. At present, there… Read More
12th August 2016
A proposed law to regulate bank interest rates has not been presented to the President. This emerged yesterday even as borrowers anxiously wait to see if the burden of high cost of loans will be lifted off their backs. The Standard has established that Parliament was yet to submit to… Read More
12th August 2016
The Enforcement Directorate has issued 2,321 show cause notices to different individuals and entities for various financial offences under the FEMA and imposed penalty of Rs 225 crore in last three years, Lok Sabha was informed today. Minister of State for Finance Santosh Gangwar said ever since the NDA government… Read More
12th August 2016
Officials Claim Achacollo Should Be Charged for All 238 Projects She was Involved In Read More