Posts in category

Money Laundering


The bill, which was approved by the cabinet at a meeting on April 20, was returned to the House two weeks ago. It is intended to establish an independent anti-money laundering unit affiliated with the Central Bank of Egypt (CBE). The unit, which will also contribute to eliminating the financing of terrorist operations, will be …

BALTIMORE (AP) — A prominent Baltimore defense attorney has lost his bid for a new trial on money laundering charges for a drug organization. The Baltimore Sun reports that attorney Ken Ravenell requested a new trial on the grounds that jurors had not received instructions on the property before their deliberations. On Friday, U.S. District …

Shehbaz Sharif with his son Hamza Shahbaz. Photo: The News/File LAHORE: The Federal Investigation Agency (FIA) on Thursday decided not to pursue the money laundering case against Prime Minister Shehbaz Sharif and Punjab Chief Minister Hamza Shehbaz and others. In a written order published here on Thursday, Special Central Judge Ejaz Hussain Awan made the …

Image source: PTI Jharkhand IAS officer Pooja Singhal arrested by ED in money laundering case IAS officer and Jharkhand Mines Secretary Pooja Singhal was arrested by the Directorate of Law Enforcement (ED) on Wednesday after his second day of questioning in the ongoing investigation into the money laundering prevention case concerning the alleged embezzlement of …

NNA | Update: 09 May 2022 23:27 STI Bombay (Maharashtra) [India]May 09 (ANI): The Law Enforcement Directorate (ED) has arrested Mahadev Ramachandra Deshmukh, the former president of Shri Chhatrapati Shivaji Education Society (SCSES) in an alleged money laundering case. Deshmukh was taken into ED custody until May 18, the ED said in a statement Monday. …

The Council of Europe, the region’s human rights and democracy organization, has called on all member countries to tackle money laundering of digital assets. The council was formed in the aftermath of World War II to champion democracy, the rule of law and human rights in the region. It has specialist committees that deal with …

A superyacht that US authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering has been seized by law enforcement in Fiji, the US Department of Justice said Thursday. A judge in Fiji earlier in the week allowed US authorities to seize the yacht Amadea – worth $325million – but also …

A Yorkshire gold dealer at the center of an alleged £266million money laundering operation used illegally acquired cash deposited in his NatWest bank account to buy the precious metal, which was then shipped to Dubai and beyond the reach of the British authorities, a criminal trial was said. A jury at Leeds Crown Court, hearing …

Federal prosecutors and an attorney for Baltimore defense attorney Ken Ravenell have filed court documents asking a judge to impose vastly different sentences next week at Ravenell’s sentencing hearing. . Convicted of money laundering but acquitted of narcotics, conspiracy and racketeering charges, Ravenell’s attorney asks Judge Liam O’Grady to grant his client two years probation. …

(Photo: Gettyimages/GREG BAKER) On Saturday, April 30, India’s Anti-Money Laundering Agency revealed that it had seized assets worth approximately $725 million from Xiaomi India for violating the country’s foreign exchange laws. . This incident is a blow to the Chinese phone maker which dominates the smartphone market in the country. Indian agency seizes Xiaomi assets …

Premier Andrew Alturo Fahie and BVI Ports Authority CEO Oleanvine Pickering Maynard were arrested at Miami-Opa Locka Executive Airport, according to the affidavit. Maynard’s son, Kadeem Stephan Maynard, was also arrested, he said. Fahie and the Maynards are charged with conspiracy to import 5 kilograms or more of cocaine and conspiracy to launder money, the …

The European Union (EU) is seeking to advance one of its most controversial crypto policies to date. If adopted, the idea of ​​a private blockchain presence could be a thing of the past. Not to mention, the legislature will have broad implications for crypto service providers, who will be tasked with reporting tasks that many …

Organized crime and money laundering undoubtedly pose a serious threat to the rule of law and the country’s sustainable development, a court in Dhaka observed on Monday. Judge Md Iqbal Hossain of the Dhaka Metropolitan Special Judges’ Court-5 made the observations while delivering the verdict in a money laundering case linked to the country’s first …

Tribune press service New Delhi, April 23 The Directorate of Law Enforcement (ED) has registered a case under the Prevention of Money Laundering Act (PMLA) against several suspects believed to be involved in the recent violence in Jahangirpuri, including the main defendant Mohammed Ansar. Financial transactions to be probed ED will soon interview …

The Financial Action Task Force said it would assess its member countries more frequently to further help them fight money laundering and terrorist financing. The FATF, a Paris-based organization that sets standards for anti-money laundering legislation, said it would shorten its upcoming fifth round of mutual evaluations to a six-year cycle, according to a report …

TTV Dhinakaran was the Deputy General Secretary of AIADMK New Delhi: The Law Enforcement Directorate (ED) has issued a new summons to AMMK leader TTV Dhinakaran to appear on April 22 for questioning in a corruption-related money laundering case election commission officials in order to obtain the AIADMK’s “two-leaf” symbol for the VK Sasikala faction, …

The Cyprus Bar Association has imposed fines ranging from €8,000 to €79,000 on four Cypriot law firms for violating numerous rules, including the one on money laundering. The head of the association, Christos Clerides, also told Phileleftheros that the fines were imposed after investigations were carried out by the committee appointed by the board of …

Beware of claims that declare a city or country the capital of something – anything – in the world. In 2010, we debunked a claim that Phoenix was the “#2 kidnapping capital of the world” and in 2012 a claim that Tampa was the “strip club capital of the world.” Now, amid Russia’s invasion of …

PTI Lahore, April 10 Hamza Shehbaz, son of PML-N chairman and common opposition prime minister candidate Shehbaz Sharif, is due to appear in a special court on Monday in a high-profile money laundering case. On April 4, the Federal Investigation Agency (FIA) special court summoned Pakistani Muslim League-Nawaz (PML-N) chairman Shehbaz, his son …

As a financier working in Russia from the 1990s, American-born Bill Browder quickly learned that theft was commonplace among oligarchs profiting from the privatization that followed the collapse of the Soviet Union. While investigating a $230 million tax fraud perpetrated against his company, Browder’s lawyer, Sergei Magnitsky, was imprisoned, tortured and killed by Russian authorities. …

The trial of Ismaila Mustapha, also known as Mompha, and his company, Ismalob Global Investment Limited, before Judge Mojisola Dada of the Special Offenses Court, Ikeja, Lagos, continued on Wednesday, April 6, 2022 , with the prosecution and defense providing the court with a “report” on the plea bargain being drawn up. Mompha was charged …

By Ronan Barnard (April 5, 2022, 5:18 p.m. BST) – German authorities said on Tuesday they had shut down the country-based servers of a Russian-language darknet website that was used as a platform for money laundering and the illegal sale of drugs with an annual turnover of more than a billion dollars. German Federal Police, …

Ppolice detained eight men for money laundering. The group used stolen funds to purchase $56 million (430 million MOP) in cryptocurrency over a six-month period, of which at least 180 million MOP was transferred overseas. According to the Judicial Police (PJ), they arrested the eight men last week at a telecommunications store and a hotel …

Jacqueline Fernandez shows off her cherished stones on the red carpet; Netizens drag her asking if these are Sukesh Chandrashekhar’s gifts Jacqueline Fernandez has had a very difficult year after being named in the money laundering case. She was not the only one but it was also actress Nora Fatehi who was the target of …

MARRIED couple and husband’s parents charged with money laundering offenses involving sums in excess of €250,000 have been sent to trial. atrick McDonald (32), his wife Martina McDonald (30), his father Michael McDonald (51) and his mother Margaret McDonald (51) have been arrested following a three-year investigation by detectives . They appeared in Blanchardstown District …

Under the Prevention of Money Laundering Act, jail is the norm and bail is the exception, says judge Under the Prevention of Money Laundering Act, jail is the norm and bail is the exception, says judge Observing that jail is the norm and bail is an exception under some laws such as the Prevention of …

LAHORE: A special court on Friday postponed the indictment of suspects in a money laundering case due to the absence of National Assembly opposition leader Shehbaz Sharif. A defense lawyer told the court that Mr Sharif was busy in Islamabad due to the session of the National Assembly on a motion of no confidence in …

Marty Byrde and his family in the hit Netflix series “Ozark” give viewers insight into criminal enterprises and their efforts to launder money. In the show, Byrde operates legitimate businesses—a funeral home, strip club, and casino—in an effort to launder money for a Mexican drug cartel. To make the series as realistic as possible, the …

U.S. Attorney Dennis R. Holmes announced today that a Latvian woman has been indicted by a federal grand jury for her role in a money laundering conspiracy. She was recently extradited from Norway to face federal charges and forfeiture allegations in South Dakota. Lubova Burkute, 40, was charged on June 17, 2021. She appeared before …

The Supreme Court (SC) reserved judgment in a slew of motions regarding the interpretation of the Prevention of Money Laundering Act (PMLA), including whether trial under the law can proceed without the CBI files a charge sheet in the case. A three-judge bench headed by Judge AM Khanwilkar and comprising Judge Dinesh Maheshwari and Judge …

BEIRUT (AP) — Lebanese authorities on Thursday arrested the brother of the country’s central bank governor on suspicion of money laundering and illicit enrichment, the official news agency reported. According to the National News Agency report, Ghada Aoun, an investigating judge at the Mount Lebanon District Court, interrogated Raja Salameh for several hours before placing …

Leonard C Boyle, United States Attorney for the District of Connecticut, announced that ANDREW DAVIS, 41, a Jamaican citizen last residing in Hamden, was sentenced today by U.S. District Judge Alvin W Thompson in Hartford to 295 months in prison for trafficking marijuana. , possession of firearms and money laundering. According to evidence presented during …

LONDON: The UK’s National Crime Agency (NCA) has obtained production orders from Southwark Crown Court for access to the Barclays bank account of former Punjab chief minister Shehbaz Sharif during a high-profile investigation on money laundering, according to new exclusive evidence. New evidence available with this reporter – not published last month in the full …

By PTI NEW DELHI: The CBI questioned Mumbai Police Commissioner Sanjay Pandey on Saturday as part of its investigation into former Maharashtra Home Minister Anil Deshmukh in a corruption case, officials said on Saturday . Pandey was questioned for nearly six hours over allegations of trying to influence former commissioner Param Bir Singh to withdraw …

FAYETTEVILLE, Ark. (KNWA/KFTA) – On March 8, two Arkansas men were sentenced to federal prison for wire fraud, accessory to wire fraud, money laundering and accessory to money laundering in connection with from the development of a wind turbine that was never operational and a proposed wind farm project in Elm Springs that was never …

A Jamaican woman living in Florida who laundered money for an international cocaine ring distributing the drugs in Pittsburgh and New Castle, has been sentenced to more than 14 years behind bars. Marcia Cunningham, 54, of Plantation, Florida, faces deportation once she completes her sentence, US media reports. She was sentenced by US District Judge …

The case concerns an overvaluation of coal prices, with UAPs paying a higher price for the purchase of coal The case concerns an overvaluation of coal prices, with UAPs paying a higher price for the purchase of coal The Law Enforcement (ED) Directorate has arrested Ahmed AR Buhari, promoter of Coastal Energy Private Limited, Chennai, …

WASHINGTON — The Justice Department on Wednesday announced the creation of a task force to prosecute billionaire oligarchs who aided President Vladimir V. Putin in his invasion of Ukraine, part of a U.S. effort. United to seize and freeze the assets of those who have violated the sanctions. The task force will mobilize the resources …

The UK Gambling Commission has fined 888 £9.4m (€11.3m/$12.6m) for a series of social responsibility and money laundering breaches. money, including setting its deposit threshold for financial checks at £40,000. In issuing the fine, the Commission’s chief executive, Andrew Rhodes, warned that if similar failings occur again, the regulator may have to “seriously consider the …

Justice Department officials are hosting an online workshop to disseminate anti-money laundering laws on February 27. MINISTRY OF JUSTICE A working group of the Ministry of Justice disseminates the content of the laws “Combating the financing of the proliferation of weapons of mass destruction” and “Combating money laundering and the financing of terrorism” to bring …

[co-author: Michael James, Articling Student] Overview The rise of cryptocurrency and other virtual assets has prompted regulators and supervisors responsible for anti-money laundering rules around the world to develop new guidelines and regulations for people and businesses involved in these assets. . The Financial Action Task Force (FATF) – the preeminent intergovernmental organization fighting against …

KUALA LUMPUR (February 22): The trial of lead lawyer Tan Sri Muhammad Shafee Abdullah for money laundering and income tax of RM9.5 million has been postponed because his lead lawyer is unwell. “Harvinderjit [Singh] is ill, so the case has been postponed,” Muhammad Farhan Muhammad Shafee, another lawyer on Shafee’s team, said in an interview …

A training of trainers on the fight against money laundering and the financing of terrorism will be held next week. Provided Published: Sun 20 Feb 2022, 12:01 Dubai Police and the Gulf Cooperation Council (GCC) office of the United Nations Office on Drugs and Crime (UNODC) have signed an agreement to develop an international degree …

Search mutual fund quotes, news, net asset values Adani Wilmar INE699H01024, PUNCH, 543458 CDS INE467B01029, SDC, 532540 Adani Power INE814H01011, ADANIPOWER, 533096 ICICI Bank INE090A01021, ICICIBANK, 532174 TataTeleservice INE517B01013, TTML, 532371 …

The Law Enforcement (ED) Directorate on Wednesday registered a money laundering case against the Gujarat-based shipping company ABG Shipyard and its directors in connection with more than Loan default of Rs 22,800 crore by company. The ED case is based on the FIR filed by the CBI on February 7 in which it alleged that …

Enter Wall Street with StreetInsider Premium. Claim your one week free trial here. An industry first in India, CoinDCX leverages machine learning detection models from Solidus Labs to build trust and transparency on its platform and elevate compliance standards for the crypto industry. NEW DELHI & NEW YORK–(BUSINESS WIRE)–CoinDCX, India’s first crypto unicorn and the …

Riyadh — An official source at the Public Prosecution said that investigations into economic crimes at the Public Prosecution revealed the involvement of a gang of 11 members (two citizens and nine residents) in the commission of money laundering crimes. They violated the Concealment Act by using several business entities and their branches to receive …

A few days ago, when ED officials served notices on people in Tollywood asking them to appear before the agency for questioning, excise department officials, particularly the special ops team (SOT), gave a proper rating to the people of Tollywood. — Representation image/DC HYDERABAD: Days after the High Court ordered the Telangana government to submit …

In a key development, the ED has demanded the dismissal of the bail application of former Maharashtra Home Minister Anil Deshmukh in a money laundering case. The response filed by ED Deputy Director Tassine Sultan in the PMLA Special Court explained the alleged modus operandi by which Deshmukh and his family members laundered money worth …

By George Sembony Lushoto. Resident magistrates were urged to cultivate understanding and enhance their knowledge and capacity to deal with corruption and money laundering cases. The call was made by High Court Judge Edwin Kakolaki when he opened a training course for 200 resident magistrates on dealing with corruption and money laundering and the return …

Labor has called on the Tories to return money from donors with links to Russia in response to tensions over Vladimir Putin’s military buildup on the Ukrainian border. In a joint letter, David Lammy, the shadow foreign secretary, and Rachel Reeves, the shadow chancellor, called on ministers to tackle Russian financial flows to the UK. …

HARRISBURG, DOLPHIN COUNTY (WBRE/WYOU) — The United States Attorney’s Office announced that two people have been indicted by a federal grand jury on charges of money laundering conspiracy after receiving funds from a sweepstakes scam. According to U.S. Attorney John C. Gurganus, the indictment alleges 27-year-old Troy Smith and 36-year-old Michelle Greenwood of Mississippi committed …

BATON ROUGE, La. (WAFB) – The East Baton Rouge Sheriff’s Office arrested several people connected to a massage parlor prostitution ring this weekend. According to EBRSO, its narcotics division has been investigating complaints since September of an organized prostitution ring operating in local massage parlors in East Baton Rouge Parish. Officers learned during their investigation …

Canada’s reputation for squeaky cleanliness has taken a nosedive, according to an anti-corruption watchdog. This week, Transparency International (TI) released its annual Corruption Perceptions Index for 2021. The index shows Canada continuing its downward spiral, after falling out of the top 10 in 2019. Large-scale money laundering and opaque institutions are among the reasons for …

The Enforcement Branch seized immovable property worth Rs 43.25 crore belonging to Sheetal Refineries Limited and its developer in a money laundering case. Photo for representation The Law Enforcement Directorate seized immovable property worth Rs 43.25 crore belonging to Sheetal Refineries Limited and its developer Jitender Kumar Agarwal under the Prevention of Money Laundering Act …

The global Anti Money Laundering (AML) Software Market is valued at around USD 977 Million in 2018 and is expected to grow with a healthy growth rate of over 12.61% over the forecast period 2019-2026. Anti-Money Laundering (AML) software refers to a solution that allows financial institutions and banks to monitor customer behavior for suspected …

United States: Rapidly Evolving AML Risk: Principles for Proactive Compliance in 2022 – American Bankers Association January 24, 2022 Buchanan Ingersoll & Rooney PC To print this article, all you need to do is be registered or log in to Mondaq.com. John Cunningham, a shareholder in the firm’s White Collar Defense, Compliance & Investigations group, …

(Guardian of Trinity) In 2021, the Financial Investigations Branch (FIB) charged four people with money laundering with a cumulative value of TT$30,747,417 and it is expected that this year more people will face similar charges. This was revealed at the T&T Police Department press conference yesterday by Acting Chief Superintendent Wendell Lucas of the FIB. …

MADISON, WIS. — Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Craig Klund, 58, Yankton, South Dakota, was sentenced today by U.S. District Judge James D. Peterson to 10 years in federal prison for wire fraud, money laundering and aggravated identity theft. Klund, formerly of Chippewa Falls, Wisconsin, pleaded …

Former Ald. Ricardo Muñoz, right, listens to his attorney Richard Kling speak to the media on Monday, Sept. 27, 2021. (Heather Cherone/WTTW News) Federal prosecutors have argued Ricardo Muñoz deserves a year in jail after pleading guilty to wire fraud and money laundering charges, but an attorney for the former 22nd Ward councilman believes his …

The Asia/Pacific Money Laundering Group (APG) reported that the SAR continues to be its highest rated member in terms of technical compliance assessment. The APG was founded in 1997 and is one of the associate members of the Financial Task Action Force, an international organization for the fight against money laundering and the financing of …

PTI New Delhi, January 15 The Law Enforcement Directorate said on Saturday it had seized a Delhi-based journalist’s residential property worth Rs 48.21 lakh as part of a money laundering investigation. related to the alleged leak and provision of sensitive information to Chinese intelligence agents. An interim order has been issued under the Prevention of …

KARACHI: A Pakistani businessman based in Dubai, Umar Farooq Zahoor, who was facing two FIA fraud and money laundering cases, contacted the Chief Justice of Pakistan (CJP), Judge Gulzar Ahmed , to seek justice against the FIA’s alleged illegal actions despite superior court orders in its favor. The Umar Farooq Zahoor case came to light …

HUNTINGTON, W.Va. – A Nigerian national who was indicted in April 2021 as part of a massive fraud and money laundering scheme has pleaded guilty to conspiring to commit money laundering. According to court documents and statements made during the plea hearing, Kenneth Emeni, 29, a Nigerian citizen residing in Martinsburg, was involved from at …

By Vipul Kharbanda and Aman Nair Even as crypto-assets continue to establish themselves as a staple of global financial and technology markets, governments face the challenge of applying regulatory systems to them that are not suited to the nuances that exist in the market space. crypto-assets. However, this can often lead to the emergence of …

On January 6, Interior Minister Sar Kheng said at a ceremony issuing the provisions of a sub-decree against money laundering, terrorist financing and the financing of proliferation of weapons of destruction. massive, which also establishes a committee to oversee relevant work. SAR KHENG VIA FACEBOOK On January 6, Interior Minister Sar Kheng called on the …

Non-governmental organization monitoring wild animal and plant trade urged Chinese online platforms to implement anti-money laundering (AML) strategies to uncover online wildlife trafficking networks and prevent criminals from using the platforms for illegal trading. Non-governmental organization monitoring wild animal and plant trade urged Chinese online platforms to implement anti-money laundering (AML) strategies to uncover online …

The former CEO of Swedbank has been charged with fraud, market manipulation and unauthorized disclosure of inside information, after an investigation into a large-scale money laundering scandal in the Baltic states. Birgitte Bonnesen, who was sacked as chief executive two years ago when the scandal erupted, “repeatedly spread misleading information” that the bank had no …

India’s central bank, the Reserve Bank of India (RBI), has warned of the multiple risks the cryptocurrency poses to the country’s financial stability. “They are also prone to fraud and extreme price volatility,” says the apex bank, noting that “cryptocurrencies present immediate risks to customer protection and the fight against money laundering (AML) / fight …

Starting in February, Estonia is set to introduce sweeping changes to its definition of Virtual Asset Service Provider, or VASP, to include several cryptocurrency-related services – a move that could impact Bitcoin (BTC) ownership in the country – according to the European compliance specialist. Sumsub. On September 21, the Estonian Ministry of Finance released a …

Year-end roundups are never easy, because reducing 365 days of news stories to 1,000 words means the end result always ends up doing little justice to the original stories. Of course, the many ongoing cases involving Yorgen Fenech, linked to the murder of journalist Daphne Caruana Galizia, have of course overshadowed everything else in court …

UK court sent two men behind bars for a total of 33 years for laundering the equivalent of nearly US $ 95 million and fraudulently claiming $ 13.44 million in COVID-19 rebound loans for their bogus companies , reported the National Crime Agency. Artem Terzyan, 38, of Russia was sentenced to 17 years and Deivis …

On December 14, the Financial Crimes Enforcement Network (“FinCEN”) issued a information request (“RFI”), soliciting comments on ways to “streamline, modernize and update” the anti-money laundering (“AML”) and the financing of terrorism (“CTF”) regime of the United States. United. As we will see, the RFI is the latest development in a long investigation of how …

High Court attorney and attorney Peter Wanyama has called on parliament to anticipate a mouth-watering legal duel in court to attempt to amend proposed legislation to address loopholes exploited by businesses and corporations. individuals to launder money or carry out suspicious transactions. Lawyers outside of parliament and House lawmakers in August once again failed to …

LAHORE: An accounts court indicted on Monday a co-suspect in reference to money laundering against opposition leader in the National Assembly Shehbaz Sharif and his family. The co-suspect, Ahmad Ali, denied the charges against him and decided to challenge the trial. Presiding Judge Sajid Ali Awan has asked the National Accountability Bureau (NAB) prosecution team …

the ??The 200 crore money laundering which was carried out from a barracks at Rohini Prison with the help of prison staff had a crucial exponent, Sukesh Chandrashekhar’s wife Leena Maria Paul revealed the Law Enforcement Directorate. According to ED’s indictment, Leena Maria Paul, who is an actress, is a con artist and strategist and …

The Supreme Court on Wednesday warned against slapping the “indiscriminate” money laundering law and said it could not be used as a “weapon” to put people behind bars. The bench led by Chief Justice of India NV Ramana observed that widespread use of the Prevention of Money Laundering Act 2002 would lead to a situation …

The Central Bank has tightened the rules relating to the fight against money laundering, the financing of terrorism Photo: File Posted: Tue 14 Dec 2021, 12:07 The Central Bank of the United Arab Emirates fined a bank operating in the country MAD 19.5 million for failing to comply with regulations on combating money laundering and …

The UAE Ministry of Community Development has established a joint mechanism with the UAE Financial Intelligence Unit to coordinate efforts to combat money laundering, the financing of terrorist groups and illicit organizations in the United Arab Emirates. nonprofit sector, state news agency Wam reported. This decision was announced by Hessa bint Essa Buhumaid, Minister of …

ALBUQUERQUE, NM (KRQE) – Albuquerque Public Schools are toughening up rules to end waste, fraud and abuse of APS resources. It comes after former administrator Sheryl Williams Stapleton was caught stealing millions of dollars from the district. The APS Education Council unanimously approved the new procurement policy this week, hoping that in the future, anyone …

Credits: Pixabay The Guardia Civil launched today an operation against money laundering and drug trafficking in Manilva (Malaga) and La Línea de la Concepción (Cadiz). The Guardia Civil launched today, December 9, an operation in the municipalities of Manilva (Malaga) and La Línea de la Concepción (Cadiz) with the aim of dismantling a network of …

After pleading guilty to two counts of money laundering on Monday, December 6, a Beaumonter, 65, was sentenced to four years in prison and $ 18,000 in restitution after defrauding businesses and a church for more than $ 100,000. According to a probable cause affidavit prepared by JSCO Detective Jeffery Chadney, between June 22 and …

Through Taxscan team – December 6, 2021 at 8:10 a.m. The Directorate of Enforcement (ED) arrested the CA for issuing Form 15 CB to certain entities allegedly involved in money laundering. The arrest of a chartered accountant for issuing Form 15 CB for certain entities which are not even the main defendants is completely unjustified. …

Special Judge MK Nagpal granted redress to Peter Mukerjea, the former director and COO of INX Media. A Delhi court on Saturday granted bail to former media baron Peter Mukerjea in INX Media’s money laundering case linked to former Union Minister P. Chidambaram and his son Karti. Special Judge MK Nagpal granted redress to Peter …

NAIROBI, Kenya December 2 – The Ethics and Anti-Corruption Commission (EACC) opposed the appointment of Paul Mutunga Mutungi as Deputy Governor Anne Kananu, citing a money laundering case in 2019 in which he was involved. In a letter to the County Assembly, EACC chief executive Twalib Mbarak challenged Mutunga’s adequacy, saying that a 2019 corruption …

NEW ORLEANS – DUANE A. DUFRENE, 54, of Destrehan, Louisiana, pleaded guilty on November 24, 2021 to one count of conspiracy to commit bank fraud and one count of money laundering before a judge of the United States District Court. United for the Eastern District of Louisiana, Jane Triche Milazzo, announced U.S. Attorney Duane A. …

Vice-President Cristina Fernández de Kirchner and her two children, Florencia and Máximo, have been exonerated in an investigation into allegations of money laundering, according to a decision released on Friday. The heads of Federal Oral Court No. 5 (TOF5) ruled by a two-to-one majority to dismiss the case against members of the Kirchner family, a …

A day after raids were carried out by the Directorate of Enforcement (ED) in 8 locations linked to four defendants in a multi-crore money laundering case, ED officials informed that bank records and FDs worth nearly 7 crore rupees had been frozen. The Law Enforcement Directorate (ED) raided the residence of the Fastway media cable …

Thing The Palmerston North District Court trial of two people charged with money laundering for drug trafficker Horowhenua Gary O’Connell has been delayed. The trial of two people who allegedly laundered money earned by a large Horowhenua methamphetamine ring has been postponed until the last minute, meaning they will wait more than two years before …

The government’s insistence not to withdraw the immoral tax exemption scheme silently published in The Government of Malta Gazette November 5, about which I first sounded the alarm in Parliament on November 8 and against which the opposition brought forward a motion to repeal it last week, is further proof of two facts . First, …