Work Area: Offshore services

Swiss court green-lights assistance for SFO’s Karimova investigation

The SFO has asked Swiss prosecutors to help it obtain the banking records of a Gibraltar company suspected of laundering bribes for the daughter of the ex-president of Uzbekistan.

16 January 2023

Former Venezuelan treasurer’s bribery trial kicks off

A jury heard opening statements in the DOJ's bribery case against Claudia Patricia Díaz Guillén, who served under former president Hugo Chávez’s administration.

29 November 2022

CPS defends attempt to extradite Austrian banker to the US

UK prosecutors have accused the former CEO of Austrian lender Meinl Bank of a “thinly veiled attempt” to fight the substance of his US money laundering charges in a UK court.

17 November 2022

Ex-bank boss accuses DOJ of lying to secure extradition in Odebrecht-linked case

The former CEO of Austrian lender Meinl Bank claimed US prosecutors have given a “fundamentally false and misleading account” of their case against him in an effort to secure his extradition from the UK.

16 November 2022

MPs: lack of funding proposals undermine UK economic crime reforms

In the first parliamentary debate over the UK’s latest financial crime law, MPs highlighted an absence of new funding proposals for law enforcement agencies.

13 October 2022

Two financial asset managers charged with money laundering related to Venezuelan bribery scheme

The DOJ charged two financial asset managers for their alleged role in a scheme to launder an estimated $1.2 billion in funds corruptly obtained from Venezuela’s state oil company, Petróleos de Venezuela SA (PDVSA).

13 July 2022

OFSI fines oilfield consultancy for Syria sanctions breaches

The UK’s civil sanctions enforcement agency has fined a UAE-based consultancy £15,000 for buying flights for an employee from a sanctioned Syrian airline.

29 June 2022

Immunity deal for yacht company reveals US strategy for oligarch probes

Featured in Investigator's Guide to Russia

Former federal prosecutors believe the DOJ’s decision to trade immunity for information about a yacht’s oligarch owner is a warning shot for the yacht building industry and other sectors that serve the super-rich.

24 June 2022

Swedbank summoned by Estonian authorities in money laundering probe

14 March 2022

Ex-Mishcon partner fined over anti-money laundering breaches

The UK’s legal regulator has punished Michael Nouril, a former partner in Mishcon de Reya’s corporate department, for “serious breaches” of rules designed to prevent lawyers from facilitating money laundering.

08 March 2022

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