Ukraine’s Top Court Deals Critical Blow To Anti-Corruption Agency

Ukraine’s Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it unconstitutional to hold officials criminally liable for intentionally providing false information on asset declarations. It also struck down several powers of the National Agency for… Read More

Italian crime group linked to laundered EU agricultural funds

Italian police and the European Anti-Fraud Office (OLAF) have uncovered an elaborate fraud scheme run by a criminal group with links to the mafia. The scheme spanned across seven different EU countries, including Ireland, with the group having committed fraud against EU rural development funds worth some €9.5m. It involved… Read More

Bahrain: 5 Future Bank officials jailed for money laundering

Bahrain’s High Criminal court on Wednesday sentenced five Future Bank officials to five years in prison and fined them one million Bahraini dinars (Dh9.8 million) each, in the latest of a series of money-laundering cases against Iranian banks, Bahrain News Agency reported. “The court found all defendants guilty of money-laundering… Read More