As a key part of an anti-money laundering initiative in 2016, the U.K. started requiring all British firms to publish information on who owns them, but a new report published on Saturday by openDemocracy shows that nearly 400,000 U.K. companies don’t know or won’t say who that is.
Prosecutors at Spain’s Supreme Court announced on Monday that they will investigate whether former King Juan Carlos I was bribed by Saudi Arabia to facilitate the construction of a bullet train by a Spanish railway company.
Uruguay and Chile are the two Latin American countries most capable of combating corruption according to the newly published Capacity to Combat Corruption (CCC) Index which placed Bolivia and Venezuela at the bottom of the list.
The head of Samsung avoided being sent to jail on Tuesday after Korean prosecutors failed to persuade a Seoul court to approve their request for an arrest warrant amid new fraud allegations against him, BBC News reported.
Customs inspectors at the port of Rotterdam, The Netherlands, intercepted on Sunday more than two tons of cocaine with an estimated street value of US$170 million hidden in a banana container, the Public Prosecutor’s Office of Rotterdam announced.
The EU’s law enforcement agency (EUROPOL) launched on Friday a special unit that will try to help EU countries fight the increased number of criminal activities during the COVID-19 pandemic.
A recent probe by an international environmental watchdog has found that European companies are importing possibly illegal shipments of teak - a highly valuable wood much sought after for the building of luxury yachts.
The US Department of Justice has joined a whistle-blower’s lawsuit against California-based engineering firm AECOM, alleging the firm had overcharged the government for its reconstruction efforts after Hurricane Katrina and helped several institutions overestimating damages on their buildings.
The Council of Europe’s anti-graft body said it was concerned about allegations of widespread corruption among public officials in recent years, and that many member countries have mostly failed to properly address lobbying, conflicts of interest and “revolving doors” in central governments.
A day after her trial over an unpaid loan started in Moscow, the French far-right party of Marine Le Pen reached an agreement with its Russian creditor, the Moscow arbitration tribunal confirmed on Wednesday.