August 2018

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 […]

by

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 […]

by

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 […]

by

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 […]

by

From left: Respresentative Carolyn Maloney, Senator Chuck Grassley, Treasury Secretary Steven Mnuchin, Hezbollah’s Hassan Nasrallah, Equatorial Guinea’s Teodoro Nguema Obiang Mangue and Denis Katsyv of Prevezon Holdings A Malibu mansion and Gulfstream jet were seized from the playboy son of the president of Equatorial Guinea, who pilfered hundreds of millions of dollars from his starving country. […]

by

Expensive London property bought through shell companies in weakly regulated jurisdictions has long been a favourite way to hide ill-gotten wealth for everyone from mobsters to kleptocrats. A spokesman for the British High Commission said: “Tackling corruption is a UK government priority and we will continue to work constructively with Pakistan on this issue.” He […]

by

LONDON — Over the past three months, a handful of highly placed Russians have discovered their secrets seeping onto the web. It happened to a Russian Interior Ministry official whose emails were published online in April. And it happened again this month, when details about a former Kremlin chief of staff’s American energy investment were […]

by

The president of the Federal Criminal Police Office (BKA), Holger Münch, had reason to be pleased when he presented his agency’s report on organized crime in 2017 in Germany. At a press conference in Wiesbaden on Wednesday, Münch said that the economic damage resulting from organized crime plummeted from around €1 billion ($1.17 billion) in […]

by

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 at weakening […]

by

LONDON (AP) Over the past three months, a handful of highly placed Russians have discovered their secrets seeping onto the web. It happened to a Russian Interior Ministry official whose emails were published online in April. It happened again this month, when details about a former Kremlin chief of staff’s American energy investment were exposed […]

by

Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaqs use of your personal data can be found in our Privacy and Cookies Notice): To allow you to personalize the Mondaq websites you are visiting to show content (“Content”) relevant […]

by