News

Dutch court orders prosecution of former ING boss

A court in the Netherlands has ruled that Ralph Hamers, the former CEO of Dutch lender ING, should be prosecuted over his alleged role in the bank’s money laundering scandal.

09 December 2020

Former Barclays traders lose Euribor conviction appeal

A London court has rejected an appeal by two former Barclays traders against their convictions for manipulating an influential benchmark rate based on allegations of juror misconduct.

09 December 2020

Canada’s first sanctions trial collapses

Featured in Investigator's Guide to Canada

Canada’s inaugural trial of an individual over alleged sanctions violations came to an abrupt end on the first day of proceedings when prosecutors declined to present their case.

09 December 2020

Federal court approves Fraud Section’s privilege review process

The ruling is an important development for the Fraud Section’s new privilege unit.

08 December 2020

GIR Interactive: finding companies guilty of financial crime not a “holy grail”

UK enforcement agencies should consider pursuing more civil action against companies suspected of wrongdoing now that such settlements are becoming more transparent, local experts have said.

08 December 2020

GIR Interactive: HMRC focusing on professional enablers

HMRC has approximately 200 criminal investigations into professional enablers on its books, a statistic that a senior agency official says illustrates their prominence in the proliferation of tax fraud.

08 December 2020

DOJ defends FCPA internal controls theory in 1MDB case

Prosecutors said the FCPA's internal accounting controls provision applies more broadly than just in situations where a company uses its own funds to pay bribes.

07 December 2020

GIR Interactive: cooperating witnesses “essential” when message trails dry up

“It’s more essential these days to have someone who’s a cooperator and who is in the inner circle of the conduct,” US Attorney Craig Carpenito said, speaking at GIR Interactive Asia on 7 December. The full conference can now be viewed online.

07 December 2020

NSD official: FBI devotes more resources to foreign agents cases

A senior Justice Department official has said that the crackdown on unregistered foreign agents has been greatly aided by the FBI’s increased focus on the area.

07 December 2020

Investor lawsuit puts spotlight on acquisition due diligence

A US-based flavour company is fighting investors over whether it brushed aside a brazen bribery scheme at a successful business it wanted to buy.

07 December 2020

Get unlimited access to all Global Investigations Review content