Topic: Money laundering

Credit Suisse convicted in Bulgarian money laundering case

The Swiss lender plans to appeal against its conviction for anti-money laundering failures that allowed a Bulgarian gang to run its illicit proceeds through the bank.

27 June 2022

Zondo Commission calls for investigation into South African banks

South Africa’s long-running anti-corruption inquiry has asked the country’s financial intelligence unit to investigate whether lenders have complied with anti-money laundering rules.

24 June 2022

EU court upholds ban on Austrian lender over money laundering concerns

23 June 2022

Austrac reaps rewards of tough enforcement approach

The head of Australia’s anti-money laundering agency has seen widespread compliance improvements after bringing tough enforcement actions against some of the country’s biggest lenders.

23 June 2022

FCA fines Ghana International Bank over anti-money laundering failures

23 June 2022

Lithuanian sentenced to eight years in prison for laundering billions through Danske Bank

23 June 2022

Lithuanian convicted over Danske Bank money laundering scheme

17 June 2022

Former Venezuelan oil official sentenced to prison time, pay $84 million

A former legal adviser to Venezuela’s Ministry of Oil and Mining was sentenced to serve 52 months in prison and pay $84 million for his role in a $1.2 billion bribery and money laundering scheme involving Venezuela’s state oil company, Petróleos de Venezuela (PDVSA).

16 June 2022

Brazil scales down corruption task forces after Car Wash criticism

Brazillian prosecutors are moving away from large-scale corruption investigations to smaller and more focused task forces, a Brazilian lawyer told audience members at GIR Live: Women in Investigations on Thursday.

16 June 2022

Four sentenced to prison for Bolivian bribery scheme

Three US citizens and a Bolivian citizen were sentenced to prison time in connection with a conspiracy to bribe Bolivian government officials in exchange for a $5.6 million contract from that government.

14 June 2022

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