Barclays is expected to learn within two weeks whether it will face a fresh set of charges relating to its 2008 fundraising efforts in Qatar, the Financial Times reports.
The newspaper says that the UK’s Serious Fraud Office is preparing to make a charging decision on Barclays Bank, a subsidiary of the Barclays parent company.
Barclays has yet to indicate how it will plead to charges brought by the SFO on 20 June concerning its activities in Qatar.
Israeli police have detained six individuals, including former public officials, as part of a criminal investigation into a US$1.5 billion order of Thyssenkrupp submarines, according to Reuters on 10 July.
The six were questioned under caution over allegations of bribery, fraud, money-laundering and tax offences after the Israeli justice ministry decided in March to look into the purchase of three submarines.
German authorities are reportedly also examining the deal.
Latvian bank Rietumu Banka has said in a statement that it will appeal against a French court ruling ordering it to pay €80 million over its role in a scheme in which French clients evaded taxes and laundered at least €200 million through the bank.
A Paris court fined the bank on 6 July. It also barred the bank from operating in France for five years.
In the statement, the bank said that it strongly disagrees with the decision, and that it never has been involved in tax evasion.
The US District Court for the Eastern District of New York has ruled that Mark Johnson, HSBC’s former global head of foreign exchange, can disclose evidence to his co-accused, as long as that information isn’t used as part of a related extradition hearing.
Johnson and the former head of HSBC Holdings in Europe, Stuart Scott, are both accused of rigging foreign exchange markets.
Johnson has previously told the New York court that he will disclose evidence to Scott, who is a witness in Johnson’s case, to assist Scott in his fight against extradition from the UK to the US.
The court ruled that discovery materials can be disclosed to Scott as a witness but Scott’s counsel cannot use the evidence as part of his extradition case.
The vice chairman of Samsung, Lee Jae-
Lee was scheduled to testify at Park’s bribery hearing on 10
Park is accused of colluding with her confidant, Choi Soon-
Lee, who also denies wrongdoing, was charged over the matter on 17 February.
The Swiss Federal Court on 6 July rejected Michel Platini’s appeal against his four-year ban from working in the football industry, imposed in 2015 over ethics breaches, the BBC reports.
In doing so, the court upheld the Court of Arbitration for Sport’s 2016 ruling against Platini, the former president of the Union of European Football Associations.
Platini and Blatter deny any wrongdoing, and said that the payment was for work that Platini had not previously been paid for.
Deborah Luskin, Anant Modi, Selma Della Santina and Sarah Wrigley
Benjamin S Haley, Sarah Crowder, Randall D Friedland and Thomas McGuire
Jason J Kang, Daniel S Lee, Nan Wang, Ryan Middlemas and Hangil Lee
Simone Nadelhofer and Daniel Lucien Bühr
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Boutique Law LLP