Money Laundering

“Letterbox companies, corruption, contract killings and restrictions on the freedom of the press” are just a few of the problems haunting Malta, according to Germany’s popular daily newspaper Neue Westfalische. In an article entitled ‘Corruption and Killings: What happens in Malta, remains in Malta’, the journalists explored the circumstances around the assassination of Daphne Caruana […]

Tale of some need-based pacts forged by Zardari, Nawaz LAHORE: Yet another pact between the Pakistan People’s Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) might just be around the corner as leaders of both these formidable political entities are seemingly willing to assist each other at a juncture when they are not only facing […]

PANAMA CITY (AP) — A cattleman held on to a narrow lead over a businessman late Sunday as returns came in from Panama’s tightest presidential election in recent years, following a campaign that focused on corruption and slowing economic growth in this Central America trade and financial hub. The Electoral Court said it needed more […]

Banks and regulators have to admit the hard truth that not even today’s complex anti-money laundering and compliance programmes are enough to stop criminals exploiting financial platforms, Adedayo Adejobi reports The first major challenge of compliance is the continued rise or innovation in technology. There is still a long way to go here, as companies slowly adapt, […]

News Desk | In the backdrop of the Pakistan Peoples Party (PPP)’s co-chairperson Asif Ali Zardari’s announcement that his party would launch a street protest against the Pakistan Tehreek-e-Insaf (PTI) government after Eid, the Pakistan Muslim League Nawaz (PML-N) is also gearing up for a protest against the PTI-led government after Eid. Interestingly, the country’s […]

German police and tax authorities raided more than 20 banks, tax advisers, asset management companies and the homes of eight suspects on Wednesday, in an investigation related to the police search of Deutsche Bank’s headquarters in Frankfurt on 29 and 30 Nov. 2018. The November raid, involving 170 officers, focussed on clients of a former […]

The court today denied the Opposition Leader’s request to be given a copy of the findings of the Egrant inquiry, leading Adrian Delia to immediately announce he would be appealing the decision “with urgency”. The Shift analyses Judge Robert Mangion’s conclusions and the implications in terms of the public’s right to know regarding one of […]