The former head of Interpol, whose disappearance in China last year prompted international concern, is to be prosecuted on charges of bribery, China’s Communist Party announced on Wednesday.
Birgitte Bonnesen was relieved of her duties as the CEO and president of Swedbank on Thursday amidst a money laundering scandal primarily related to the bank’s branches in the Baltic states.
Well over US$3.6 billion (1.3 trillion naira) was stolen from public coffers between 2011 and 2015, a sum that could have secured the future of the next generation, the acting chairman of the Economic and Financial Crimes Commission (EFCC), Nigeria’s anti-graft body, said on Monday.
European Parliament on Tuesday adopted drastic new measures to tackle financial crime, including setting up an anti-money laundering watchdog and a financial police force, as well as the complete phasing out of the Golden Visas program.
A shell company seen as a tool for bribing Ukraine’s runaway president Viktor Yanukovych appears to have made payments to a firm that transferred money to Donald Trump’s former campaign manager, Paul Manafort, reporters of a Swedish broadcaster found after digging through leaked bank data.
A multi-million dollar scheme to bribe top African officials in order to boost a Chinese energy company has landed Patrick Ho, a former Hong Kong government official who US Attorney Geoffrey S. Berman on Monday called “brazen,” to three years in jail.
A Palestinian journalist who had been sentenced to six months in prison in 2017 over an investigative report she authored about corruption in Gaza was acquitted on all charges in an appeal decision on Monday, Al Jazeera reported.
Former Brazilian President Michel Temer was released from jail on Monday as a judge ruled he poses no risk to the ongoing Lava Jato investigation while free.
Bulgarian Deputy Minister of Energy Krasimir Parvanov became the third top official to resign on Tuesday, after OCCRP partners revealed that a slew of Bulgarian politicians snagged luxurious real estate in Sofia, the nation’s capital, for just a quarter of market price.