Money laundering
Turkish banks raided in Russia over 'money laundering' claims
Four Turkish banks in Russia were raided by agents from Russia's Federal Security Forces (FSB) to investigate "suspicions of money laundering" on Dec. 17, according to sources.
Balkan States Hit by Illegal Cash Outflow
The new report by US NGO Global Financial Integrity entitled 'Illicit Financial Flows from Developing Countries: 2004-2013' rings alarm bells about the amount of 'black money' leaving the four Balkan countries each year.
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Alexis Mitropoulos prosecuted on tax evasion and money laundering charges
Former Vice President of Greek Parliament Alexis Mitropoulos was prosecuted by Public Prosecutor Eleni Touloupaki on charges of tax evasion and money laundering.
Siemens trial due to start, but there are huge obstacles
It’s been almost a decade since the start of the multibillion dollar corruption scandal at Siemens. The German judiciary has long placed ex-Siemens CEO Heinrich von Pierer on file, but now Athens wants the trial of the century to fly open.
Pakistan tightens its anti-money laundering law
Pakistan's parliament has approved amendments to an anti-money laundering law to make it more effective in targeting the financing of extremists and bring it into line with global standards, officials said on Nov. 26.
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Greek banker who sheltered in London during Greek crisis takes legal action
Greek banker Omiros Millas, a former National Bank of Greece executive, said he was harassed for warning that his firm risked breaching regulations on valuations, confidentiality and money laundering.
EU Sofia Heating Utility Boss Gets Final 3-Year Sentence
Bulgaria's Supreme Court of Cassation (VKS) has sentenced the former director of heating utility Toplofikatsiya Sofia Valentin Dimitrov to three years' imprisonment.
Rulings by the VKS cannot be appealed. The court confirmed previous rulings that found him guilty of property mismanagement.
Corruption, Justice Top Agenda in Commission Report
The European Commission released on Tuesday its long-awaited progress report for the Countries of the Western Balkans.
While stressing that progress has been made in the past year, key reforms still need to adopted concerning the fight against corruption and organized crime, rule of law, protection of human rights, consolidation of democratic institutions and freedom of speech.
Australia Police Arrest Two for Alleged Transfers of Stolen Money to Bulgaria
Australian police have arrested two alleged members of a trans-national organised crime group that funnelled money stolen from automatic teller machines (ATMs) across Australia to Bulgaria, The Guardian reported on Monday.
Queensland detectives have charged two men with money laundering as part of an alleged scam operating across three Australian states.
Romania MPs Fail To Decide on Ex-Minister Arrest
Former Tourism Minister Elena Udrea | Photo: Facebook
Row 1- Column 0Romania's parliament on Wednesday voted to give a green light to an investigation into the former tourism minister, Elena Udrea, who was once one of the most influential politicians.
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