Saturday, September 18, 2021

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Mexico sentenced drug lord Vicente Carrillo Fuentes to 28 years for money laundering, organized crime

A judge in Mexico has sentenced drug lord Vicente Carrillo Fuentes to 28 years in prison for organized crime, money laundering and weapons violations, prosecutors announced Tuesday. Carillo Fuentes was a former leader of the Juarez drug cartel, based in...

China Development Bank senior executive detained in corruption probe

China’s top anti-corruption agency has detained a senior banker from a leading policy bank for investigation, it said. The Communist Party’s Central Commission for Discipline Inspection (CCDI) said on Thursday that He Xingxiang, vice-president of China Development Bank (CDB) and a...

Japan ex-lawmaker Tsukasa Akimoto gets 4 years in prison for bribery

A Tokyo court on Tuesday sentenced to four years in prison a former top government official for taking bribes from a gambling company, in a high-profile case that has added to the political woes of Japan’s outgoing prime minister...

Guatemala probes President Giammattel over alleged Russian bribes

Prosecutors in Guatemala have begun an investigation into allegations that Russian businessmen paid a bribe to President Alejandro Giammattei to obtain a dock in one of the country's main ports, the attorney general's office said on Friday. Juan Luis Pantaleon,...

China’s anti-corruption senior official charged with accepting $71 million in bribes

A former senior inspector at China’s top anti-corruption agency has been charged with accepting 460 million yuan (US$71 million) in bribes. Dong Hong, who until 2018 was deputy leader of the central inspection team of the Central Commission for Discipline Inspection...

Former Manchester United player charged for role in crypto money-laundering scheme

Anderson, a former Brazilian football team and Manchester United Player, has been charged for allegedly being involved in a crypto money-laundering scheme. According to Globo, the retired midfielder was investigated by a court in Brazil after suspicions of his...

Former Beijing judge sentenced to four years prison for accepting bribes

A former Beijing judge has been sentenced to four years in prison for wrongfully handling a 2015 case that has since been found to involve a criminal gang which escaped justice by offering bribes to public officials in law...

Dubai sets up specialised court to fight money laundering

Dubai has established a specialised court focused on combating money laundering, in a move to "strengthen the integrity of the financial system", the emirate's media office said on Sunday. The UAE, home to the Middle East financial hub Dubai, has...

Mexico bans world’s biggest oil traders Vitol, Trafigura from new oil trades over corruption allegations

Vitol Group and Trafigura Group -- both barred from new oil-trading business with Mexico’s state producer for alleged corruption -- will be subject to the ban until at least the end of 2024 while the government reviews the conduct of other commodity...

Taipei Fubon Commercial Bank fined for violating anti-money laundering laws

The Financial Supervisory Commission (FSC) yesterday fined Taipei Fubon Commercial Bank (台北富邦銀行) NT$2 million (US$71,508) for failure to comply with rules against money laundering, as its Hong Kong branch activated a bank account following oral instructions from bank president...

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