A London court will suspend the corruption trial of three former energy industry executives for at least two weeks amid attempts to quell the spread of coronavirus in the country.

The UK is planning a £100 million (US$130 million) levy on companies and banks to combat money laundering, according to the country’s 2020budget proposal that was published on Wednesday.

Canada’s financial watchdog found that many real-estate companies are violating money laundering rules as they are neither checking the identities of their clients, nor are they reporting large cash deals to the government. 

The South African real estate regulator is launching a probe into allegations that an agency violated financial regulatory laws when it sold properties worth US$3.2 million to the family of a former Mozambican president.

Money laundering heightened a drug overdose crisis, led to skyrocketing real estate prices and distorted the economy of the Canadian province of British Columbia, officials told a public hearing earlier this week.

The Federal High Court in Abuja found on Tuesday the former spokesman of the country’s main opposition party guilty of corruption and money laundering, AFP reported.

Authorities in Stockholm could not confirm claims made by Swedish media that Swedbank's former CEO Birgitte Bonnesen will be questioned about the money-laundering scandal involving accounts at the bank’s Baltic branches.

Bulgaria’s prosecution office said on Monday it will ask Spanish authorities to provide information about an alleged money laundering investigation that might link the country’s long-serving prime minister Boyko Borisov to assets in Spain worth roughly five million euro (US$5.4 million).

The Dutch Fiscal Intelligence and Investigation Services (FIOD) arrested two men Monday on suspicion of laundering millions of dollars in cryptocurrency, according to a joint statement by the Joint Chiefs of Global Tax Enforcement (J5).

Civil society organizations urged the participants of a conference on combating money laundering to insist on the establishment of a public register that would show who owns which company in which country.

France is facing a new problem. 

Once it sells the multimillion-euro Paris mansion it seized from Teodorín Obiang, the vice-president of Equatorial Guinea who was convicted for corruption, how will it return the money to the impoverished people of his country? 

Sweden’s SEB bank replaced on Friday the head of its Baltics division who was in charge when media revealed last year that billions of euros were funneled through the Baltic branches by “low transparency” customers.

The US Federal Reserve Board permanently barred on Tuesday the third senior Goldman Sachs executive from the banking industry for his role in Goldman's financing of a defrauded Malaysian sovereign wealth fund.

Swedbank’s board decided not to pay bonuses to 170 Swedbank’s top executives due to the money laundering scandal that hit the bank last year, reported Bloomberg on Tuesday.

A South African judge issued an arrest warrant on Tuesday for Jacob Zuma, the country’s former president, after his defense claimed he was too ill to appear in court to face the multiple criminal charges related to transactions with a French weapons manufacturer, South African Broadcasting Corporation reported.

Police raided homes and offices of money laundering suspects across Germany and Belgium Thursday in an attempt to track a money trail flowing from anAzerbaijani laundromat operation to shell companies in the Baltic, the FrankfurtProsecutor’s Office confirmed.

Two Kyrgyz news media outlets, Radio Azattyk and Kloop, along with journalist Ali Toktakunov are standing trial on Wednesday as they face a prolonged lawsuit filed by the Matraimov family for exposing its involvement in a US$700 million money laundering operation. 

One of the largest American investment banks, Goldman Sachs, reported a 24.8 percent drop in fourth quarter profits on Wednesday, which is likely connected to its involvement in the 1Malaysia Development Berhad (1MDB) scandal.

The Estonian Prosecutor's Office confirmed on Thursday it expanded the investigation into money laundering through Danske bank’s Estonian branch from two to more than 10 cases that are involving suspicious transactions worth US$ 2 billion.

Spanish prosecutors are seeking decades-long sentences for eight individuals suspected of having bribed Saudi officials to get contracts to export weapons, as part of an investigation into corruption that had been going on for 25 years, El Mundo reported.