A French judge on Thursday ordered Russian legislator and billionaire Suleiman Kerimov to post US$47 million in bail and relinquish his passport as part of an investigation into tax fraud and money laundering at Kerimov’s luxury properties on the French Riviera.
Pakistan’s ousted prime minister, Nawaz Sharif, and his two sons failed on Friday to appear before the country’s top criminal investigation body which is probing his offshore properties he lost his job over.
Pakistan’s Supreme Court began hearings Monday in a corruption case that could cost Prime Minister Nawaz Sharif his job or even send him to jail.
French authorities charged the daughter and son-in-law of Congo’s President with “money laundering and misuse of public funds,” as part of a larger investigation into the assets of three African presidential families, media reported Sunday.
Tanzanian authorities on Monday charged two energy tycoons embroiled in a multimillion dollar corruption scandal that ousted top government officials three years ago, the country’s leading newspaper, The Citizen, reported.
ISLAMABAD – Investigators probing the offshore properties of the Prime Minister’s family that were revealed in the Panama papers questioned his younger brother on Saturday.
Spanish prosecutors accused Real Madrid football star Cristiano Ronaldo on Tuesday of evading €14.8m (US$ 16.6m) in taxes, the Guardian reported.
Malta’s Prime Minister called a snap election on Monday after allegations by a journalist that his wife was involved with an offshore company that received payments from Azerbaijan’s first family.
A former French junior minister formerly known for efforts to catch tax evaders was sentenced to three years in prison on Thursday for hiding millions of dollars in offshore accounts, local media reported.
Documents obtained by the Balkan Investigative Reporting Network (BIRN) show that the Macedonian deputy prime minister in charge of economic affairs also serves as the director of an active Cyprus-based company – breaching the law on conflict of interest.
This week, OCCRP partner re:Baltica published a series of investigations into the business dealings of Uzbekistan’s elite in Latvia with stories of fraud, bribery and attempted assassination.
Some of the world’s leading economists have signed an open letter to world leaders asserting that tax havens “serve no useful purpose,” ahead of the anti-corruption summit to be held in London tomorrow.
Yesterday, the International Consortium of Investigative Journalists (ICIJ) and its partners, including the Organized Crime and Corruption Reporting Project (OCCRP), made the Panama Papers and Offshore Leaks database available to the public.
Bulgarian state banker Bilian Balev registered an offshore company in the British Virgin Islands in 2015 to manage his yacht in Monaco.
The co-founder of Liberty Reserve, a digital currency company based in Costa Rica, was sentenced on Friday to 20 years in prison for an “unprecedented” money laundering scheme at a Manhattan federal court.
A former state secretary of Romania’s Ministry of Finance has been found to have offshore companies through the Panama Papers, OCCRP partner RISE Project Romania (RISE) reported in a new investigation.
The White House has announced a set of measures aimed at combating financial crimes and strengthening financial transparency, including regulations requiring companies to reveal additional information on their owners to the International Revenue Service.
The US Treasury Department said Wednesday that a new rule is expected soon compelling US banks to identify the owners of shell companies, Reuters reported.
Lithuania has granted refugee status to one of the fugitive brothers-in-law of Kazakh billionaire Mukhtar Ablyazov, reported Radio Free Europe/Radio Liberty (RFE/RL).
VimpelCom says it will “acknowledge certain violations of the US Foreign Corrupt Practices Act and relevant Dutch laws” in its fourth quarter report for 2015 published today.
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