August 3, 2018

Bribery: Walmart is deadlocked with U.S. prosecutors over its FCPA case. (Bloomberg) Nigerian authorities arraigned three election board employees for bribery and money laundering; they pleaded not guilty. (Nation, Naija) Local cases: A Detroit-area public works official asked prosecutors to investigate contracts his agency awarded; a towing boss was sentenced to prison. New York prosecutors announced […]

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KARACHI: A team of Federal Investigation Agency (FIA) officials has collected evidence in a Rs35 billion money laundering case involving Asif Ali Zardari, Faryal Talpur and others, and handed it over to the joint investigation team (JIT) probing the case, sources informed Geo News Friday. The FIA is investigating 32 people in relation to money […]

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Financial police in Rome said they arrested on Tuesday Gian Luca Apolloni, a purported top-level “fixer” named in the Panama Papers, as well as entrepreneur Roberto Lagana on charges of aggravated tax fraud. Italian police arrest Panama Papers “fixer”According to the accusations, Lagana’s company, RTS, counterfeited financial records to claim various unearned tax credits and […]

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When asked what Australia’s national pastime is, most people would answer cricket, swimming, or football of some description. My suggestion would be tax avoidance, and its more devious offshoot – tax evasion. Australians hate paying tax. We dodge it, minimise it, and grumble about it. Elections are won and lost on the propositions of tax […]

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ABUJA – As the leader of Nigeria’s senate, Bukola Saraki is third in the political hierarchy behind president Muhammadu Buhari and vice president Yemi Osinbajo. But he has long been seen as having his sights on the top job and has been linked to a string of recent political manoeuvrings that appear to be aimed […]

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The ongoing churn in the political landscape which historians may track back to the Panama Papers affair has turned up another unsavoury money-trail, this time leading to the Muttahida Qaumi Movement (MQM) and its chief, Altaf Hussain, who is based in London. Sixty-nine foreign bank accounts have been detected linked to the Khidmat-e-Khalq charitable foundation […]

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Apple became the world’s first trillion-dollar public company on Thursday, as a rise in its share price pushed it past the landmark valuation. The iMac to iPhone company, co-founded to sell personal computers by the late Steve Jobs in 1976, reached the historic milestone as its shares hit $207.05, the day after it posted strong […]

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Transparency in real estate has long been an issue within the market, however, JLL reveals that new regulations are working to improve the real estate market on a global scale.  With Thailand taking steps to upgrade the property tax system and digitise its land registry, and Macau cracking down on money laundering, countries around the world […]

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Interpol contacted for red warrants of Hassan, Hussain Nawaz ISLAMABAD: Pakistan officially approached the International Police (Interpol) on Thursday for issuance of red warrants against Hassan Nawaz and Hussain Nawaz, the London-based sons or convicted premier Nawaz Sharif. “We have dispatched an official request seeking the arrest of ex-premier Nawaz Sharif’s sons — Hassan and […]

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Will Fitzgibbon Corrupt politicians, fraudsters and money launderers could be using loopholes in the United Kingdom’s company register to avoid detection, an analysis by nonprofit Global Witness has found. The novel data-driven study reviewed more than 10 million records from the British corporate registry. Groundbreaking 2016 laws that oblige those owning 25 percent of any […]

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