Afghanistan Probed Nearly 3,000 Graft Cases in One Year

Afghanistan’s government said it has investigated 2,800 corruption cases since the country adopted its anti-graft strategy a year ago but non-governmental organizations claim this is not nearly enough in a country where corruption should be considered a threat to national security.

Latvia’s Anti-Money Laundering Efforts Too Slow

Latvia continues to lag in money-laundering investigations, sustaining the Baltic country’s reputation as a hotbed for shady monetary dealings. Out of over 17,000 questionable transactions, only 85 investigations emerged, according to an investigation by Reuters.

US: Theranos’ CEO, Elizabeth Holmes, Settles Fraud Case

From Silicon Valley hero to fraudster accused of duping investors over US$ 700 million, Elizabeth Holmes’ fall from tech grace has been sealed with a settlement with the Securities and Exchange Commission (SEC) of the United States government.

Panama Papers: Mossack Fonseca Law Firm to Close

The infamous Panama law firm Mossack Fonseca, which was implicated in the Panama Papers scandal, announced Thursday it will be shutting down after 40 years of operations because of the firm’s ruined reputation as a result of the leaks.

Investigation: Ex-convict ran Pro-Russian Twitter Account

The man who in 2014 claimed to be a Spanish flight controller and blamed Ukraine for shooting down Malaysia Airlines Flight MH17, turns out to be a petty criminal who says he was paid to launch the hoax, a journalist investigation revealed on Wednesday.