April 2018

PN MEP David Casa has written to over 50 Financial Intelligence Units requesting an investigation into various aspects surrounding Pilatus Bank, in the UK. He requested an investigation into: “Purchases of assets in your jurisdiction with funds originating from Pilatus Bank; Funds transferred through entities in your jurisdiction that originated from Pilatus Bank; Any future […]

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The Munich-based daily Süddeutsche Zeitung (SZ) and public broadcasters NDR and WDR reported Thursday that the haul of €140 million ($171 million) in fines and tax arrears was made in some of Germany’s 16 states. Revenue authorities in the most populous state, North Rhine-Westphalia (NRW), gleaned €100 million in fines from banks and financial institutes for complicity […]

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News Analysis | Prime Minister (PM) Shahid Khaqan Abbasi has slammed the anti-graft watch-dog the National Accountability Bureau (NAB) for harassing the political officials of the country. PM criticized the NAB for paralyzing the state machinery and issuing notices to government officials and bureaucrats. If NAB will continue to harass the government, how can we […]

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PN MEP David Casa has written to over 50 Financial Intelligence Units requesting an investigation into various aspects surrounding Pilatus Bank, in the UK. He requested an investigation into: “Purchases of assets in your jurisdiction with funds originating from Pilatus Bank; Funds transferred through entities in your jurisdiction that originated from Pilatus Bank; Any future […]

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Part of what makes serious corruption and organised crime possible is the ability to hide and spend suspect funds overseas. A lack of transparency is also what enables the world’s rich to evade taxes using offshore companies, as was memorably exposed by publication of the Panama Papers, the 11.5 million files leaked from the law […]

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<!– Social media Button BEGIN http://api.bit.ly/v3/twitter_tweet_button.js?login=utknightcenter&apiKey=%20R_31895f56351b3751b0727d8dcd829cec Tweet –> <!– Original Tweet Button http://api.bit.ly/v3/twitter_tweet_button.js?login=utknightcenter&apiKey=%20R_31895f56351b3751b0727d8dcd829cec Tweet –> This article is part of the series, “Innovators in Latin American Journalism,” published by the Knight Center for Journalism in the Americas, with the help of Open Society Foundations’ Program on Independent Journalism. By Priscila Hernández Flores* and Carlos Eduardo […]

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CARACAS, Venezuela (AP) Spanish authorities acknowledge they’ve arrested a married couple with links to Venezuela’s late President Hugo Chavez in a case of suspected corruption. Officials in Madrid announced Wednesday they detained the pair at Venezuela’s request. The two are Claudia Diaz, a one-time nurse of Chavez who later rose to high positions, and her […]

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Anti-corruption campaigner Transparency International is calling for the Government to hurry up legislation to create a register of owners of overseas companies used to buy UK property, after Ukranian gangsters were exposed using London property to launder dirty money. The Government has previously said a beneficial ownership register of foreign companies that own or buy […]

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The Malta Financial Intelligence and Analysis Unit (FIAU) has had a bumpy ride last year amid revelations that a number of confidential reports were leaked to the press concerning a number of politically exposed persons. FIAU has just published its informative annual report for 2017 which includes a detailed commentary on the number of investigated […]

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This turns out to be an old red brick building with a blue plate honoring the fact that British poet T.S. Eliot once lived there. Reporters found that Angert sold the apartment in 1999 for $2.5 million. Ukrainian media has reported that Angert is dead. But American businessman Sam Kislin, an acquaintance of Angert originally […]

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This turns out to be an old red brick building with a blue plate honoring the fact that British poet T.S. Eliot once lived there. Reporters found that Angert sold the apartment in 1999 for $2.5 million. Ukrainian media has reported that Angert is dead. But American businessman Sam Kislin, an acquaintance of Angert originally […]

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<!– Preventing the misuse of legal persons and legal arrangements remains a highly important issue for both the FATF and the international community.June 2017 FATF Plenary Meeting A covered financial institution with notice of or a reasonable suspicion that a customer is evading or attempting to evade beneficial ownership or other customer due diligence requirements […]

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