Topic: Trials

Currency exchange directors jailed in UK for money laundering

A court has sentenced three businessmen to prison after an HMRC investigation into a London-based foreign exchange company uncovered an “international money laundering plot”.

08 March 2022

JPMorgan: former president authorised controversial Nigerian oil deal

US lender JPMorgan has denied breaching its duty of care to the Nigerian government by allegedly enabling public officials to pilfer the lion’s share of a $1.3 billion oilfield sale in 2011.

28 February 2022

Nigeria: JPMorgan ignored “glaring” signs of corruption on oil deal

The Nigerian government has accused US lender JPMorgan of breaching its duty of care to the country after $875 million from a lucrative oilfield sale allegedly ended up in the hands of corrupt public officials.

23 February 2022

SFO director reported to MPs over “factual misstatements”

21 February 2022

Algerian court convicts Saipem for corruption

16 February 2022

Brazilian miner’s bribery case against Steinmetz collapses

Steinmetz’s lawyer questioned Vale’s motive for suddenly ending the lawsuit after apparently realising its fraud claim had run out of time.

15 February 2022

DOJ: Lynch extradition tussle could run until 2023

10 February 2022

Attorney general appoints former judge to lead Unaoil review

A retired UK high court judge is set to lead a review into the Serious Fraud Office’s handling of the Unaoil case.

09 February 2022

Clifford Chance lawyer defends due diligence on Steinmetz deal

A US-based Clifford Chance partner said his firm relied on “substantial” on-the-ground research when it advised a client on whether a mining deal could be tainted by corruption.

08 February 2022

Credit Suisse money laundering trial over Bulgarian drug scheme to begin

Swiss lender Credit Suisse is set to face money laundering charges at a rare corporate criminal trial in Switzerland.

04 February 2022

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