Money laundering
LUKOIL Set to Appeal Romanian Prosecution Accusations
Russia's LUKOIL has dismissed accusations of money laundering and tax evasion brought against the company by Romanian prosecutors who had seized EUR 2 B worth of company assets in an ongoing investigation.
Romanian Prosecutors Seize Lukoil Assets Worth Up to EUR 2 B in Probe
Romanian prosecutors seized assets of Russian oil giant Lukoil worth up to EUR 2 B in an investigation into alleged tax evasion and money laundering, according to reports of a local court.
Bulgarian Criminal Group in London Smuggled BGN 1M Worth of Cash, Jewelry
The Sofia City Prosecutor's Office has received a signal from competent authorities of the UK and Northern Ireland on account of an ongoing investigation.
The procedure has been opened against Bulgarian citizens involved in organized criminal scheme across London, including smuggling, begging, human trafficking and wire transfers of suspicious funds to Bulgaria.
Switzerland may tighten anti-money laundering rules
Switzerland may tighten its anti-money laundering laws after a report by a government-appointed group found the country was still subject to financial crime.
A report from Switzerland's interdepartmental group on combating money laundering and terrorism financing (CGMT) comes amid a corruption scandal surrounding Zurich-based FIFA, world soccer's governing body.
Montenegro Joins Sanctions on Tunisia's Ex-Leaders
Montenegro is to introduce sanctions against former top officials of Tunisia who are accused of money laundering and misuse of office, joining an EU decision adopted earlier this year.
- Read more about Montenegro Joins Sanctions on Tunisia's Ex-Leaders
- Log in to post comments
Europol Arrests 49 in Crackdown on Cybercriminals
Europol has dismantled a group of cybercriminals active in Italy, Spain, Poland, the UK, Belgium and Georgia.
The members of the group are suspected of committing financial fraud involving email account intrusions, the European Union's law enforcement agency said in a statement on Wednesday.
- Read more about Europol Arrests 49 in Crackdown on Cybercriminals
- Log in to post comments
Romania Jails Top Businessman For Fraud
A Bucharest court on Monday jailed Ovidiu Tender for 12 years and seven months without parole for defrauding the Romanian petrochemical plant Carom Onesti, which went bankrupt.
Tender's former associate, Marian Iancu, got a 14-year sentence. Last year Iancu was sentenced to 12 years in jail for tax evasion and money laundering at Rafo Onesti, another refinery in eastern Romania.
- Read more about Romania Jails Top Businessman For Fraud
- Log in to post comments
Romanian prime minister under investigation
Romanian Prime Minister Victor Ponta is investigated on suspicion of crimes including forgery, money-laundering, conflict of interest and tax evasion.
This was announced on Friday by Romanian anti-corruption prosecutors, Reuters reported.
- Read more about Romanian prime minister under investigation
- Log in to post comments
Checking lists of tax dodgers a slow process
Even 30 years would not suffice for the existing mechanisms to complete their investigation of all seven lists of suspected tax dodgers and money launderers that financial prosecutors have in their hands, accounting for billions of euros.
- Read more about Checking lists of tax dodgers a slow process
- Log in to post comments
Vatican's anti-money laundering norms taking hold
The Vatican?s financial watchdog agency said May 29 that it received 147 reports of suspicious financial transactions last year, a sign that tough new anti-money laundering norms are taking hold at its scandal-marred bank.
- Read more about Vatican's anti-money laundering norms taking hold
- Log in to post comments