The third largest bank in Australia and its underwriters Deutsche Bank and Citigroup will face criminal cartel charges for opaque share sales, Reuters reported Friday.
Australian and Irish police have exposed a major drug trafficking network involving one of Ireland’s most notorious crime groups – the Kinahan cartel. The two-years long operation has led to the arrests of four Irish in Australia and New Zealand, the Sydney Morning Herald reported Sunday.
Perceived corruption in the public service may have hampered Australia's GDP by as much as US$ 5.69 billion, or 4%, since 2012, estimates a study released on Wednesday by The Australia Institute, one of the country’s major think tanks.
Australia announced on Thursday it plans to regulate for the first time cryptocurrencies like bitcoin, the Financial Times reported.
Australian miner Iluka Resources uncovered that the firm it acquired last year engaged in bribery with senior government officials, The Sydney Morning Herald reported Monday.
Australian authorities on Thursday accused mortgage lender Commonwealth Bank of Australia of failing to properly report A$ 77 million (US$ 61 million) worth of suspicious transactions, the Guardianwrote.
A new multinational effort was launched Wednesday to tackle grand corruption, a criminal category that can include bribery of public officials, embezzlement, abuse of power and money laundering of proceeds from crime.
Australian police have seized assets worth about US$53 million, presumed to be the proceeds of an alleged US$109 million tax-evasion scheme involving a former tax official and his children, the Guardian reported Wednesday.
Chinese anti-corruption authorities published Thursday the foreign addresses for 22 of its "most wanted" suspects, who they believe to be living around the world in plain sight.
One of the major players behind an international crime syndicate that laundered AUS$ 29 million (US$ 21.8 million) of drug money out of Australia was sentenced to 10 years in prison, the Justice Ministry said Thursday.
A former public servant was sentenced Thursday to eight years in prison for fraudulently awarding AUS $15.3 million (US$ 13.8 million) of government contracts to businesses he covertly operated, The Australian reported.
Five men were arrested and charged after Australian and Chinese police caught them trying to import over US$ 100 million worth of crystal meth into Australia, police said Monday.
Authorities charged six people with serious drug importation offenses after intercepting a yacht off the New South Wales coast with more than 1.4 tons of cocaine on board, Australian Federal Police announced Monday.
Italian police arrested seven people on Tuesday after a three-year investigation into a massive child pornography and sex abuse ring operating on the dark web.
Two Polish nationals were charged on Saturday for allegedly importing more than one tonne of crystal MDMA from Europe and could face life in prison, the Australian Federal Police (AFP) said.
А Bulgarian crime group is accused of orchestrating the theft of AU$ 387,000 (US$ 285,523) from Australian ATMs, according to The Age, a publication based in Victoria and cited by Bulgarian media.
Australian law enforcement seized an estimated 720 liters of liquid methamphetamine worth an estimated AU$ 1.26 billion (US$ 900 million), according to a news release on the Australian Minister for Justice website.
Australian authorities have arrested two men in Brisbane for an alleged attempt to transfer money stolen from Australian cash machines to Bulgaria.
Australia’s disgraced former minister, Eddie Obeid, is to be prosecuted along with fellow former Labor politician Ian Macdonald over charges of misconduct in office.
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