Featured Embezzlement

UK Blacklists Five Individuals Accused of Exacerbating Suffering Through Corruption

The United Kingdom on Thursday imposed asset freezes and travel bans on five individuals accused of enriching themselves from illicit schemes that worsened human suffering in Equatorial Guinea, Zimbabwe, Venezuela and Iraq. The sanctions announced by UK Foreign Secretary Dominic Raab under the nation’s Global Anti-Corruption sanctions regime target Equatorial Guinea’s… Read More

El Salvador orders arrest of ex-president Sanchez Ceren in graft probe

El Salvador has ordered the arrest of former president Salvador Sanchez Ceren and nine top officials from a past administration as part of a money laundering and corruption probe, the Attorney General’s office said on Thursday. The office said Sanchez Ceren was out of the country, but five former high-ranking… Read More

Lebanon summons central bank chief over corruption allegations

A prosecutor in Lebanon has summoned central bank chief Riad Salameh for questioning next month over corruption allegations, a judicial source said on Monday. Mr Salameh, one of world’s longest-serving central bank governors, is facing a series of allegations, including from Switzerland, France and Britain, over suspicions of money laundering,… Read More
20th July 2021
The thwarted takeover of a troubled Italian bank in 2018 will come into focus in a forthcoming Vatican trial that is tied to Pope Francis’s efforts to clean up Holy See finances after decades of scandals. Weakened by mismanagement and bad loans, Carige bank was placed under special administration by… Read More
16th July 2021
What links an Italian broker accused of extorting the Vatican, South African brothers accused of absconding with bitcoin worth more than $3bn from their investors and a disgraced Turkish banking mogul who served time for harbouring his nephew after a murder? They all recently became citizens of… Read More
12th July 2021
Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence linked to a corruption scandal at the fund, court documents seen by Reuters showed. Audit firm KPMG on Friday denied the allegations and pledged to “vigorously”… Read More
7th July 2021
By Julett Pineda Sleinan, OCCRP, 6 July 2021 OCCRP — Pension Fund Administrators in Latin America have used hundreds of millions of dollars in worker savings to finance dubious private companies and buy government debt, a new cross-border investigation has revealed. A dónde va mi pensión… Read More
6th July 2021
A prominent Italian cardinal was among 10 people sent to trial in the Vatican on Saturday charged with financial crimes including embezzlement, money laundering, fraud, extortion and abuse of office. Cardinal Angelo Becciu, formerly a senior official in the Vatican administration, as well as two top officials at the Vatican’s… Read More
30th June 2021
A glamorous millionaire DJ who ran dance parties in Ibiza and her husband are revealed today as the London couple accused in a secret justice case of using the “Azerbaijan laundromat” to bring £14 million of dirty money into Britain. Izzat Khanim Javadova, an oligarch’s daughter… Read More
30th June 2021
Spanish TV Producer, entrepreneur and businessman José Luis Moreno was arrested today, Tuesday, June 29, during a large police operation in Madrid. He is accused of fraud, embezzlement and money laundering, among other crimes. Moreno, 74, was arrested in the large scale police operation that took place at around 8:30… Read More
29th June 2021
Senator Paul Laxalt was in a classified briefing about political chaos in the Philippines when an assistant interrupted: He had an urgent phone call from Manila. On the other end of the line was Ferdinand Marcos, the country’s president. Marcos wanted to know if it was true that Ronald Reagan… Read More
29th June 2021
A deal that gave one of the wealthiest families in Africa a lucrative stake in a large Portuguese energy company could be a step closer to dissolution, following a new ruling from a Dutch court. The ruling validates a damning report from a court-appointed director of Esperaza Holding BV,… Read More
24th June 2021
A year after the head Byblos Bank’s ethics and anti-fraud department was found stabbed to death near his home in Hazmiyeh, an investigation by Lebanese police has concluded only that nothing had been stolen during the attack and no motive was readily apparent, the Financial Times… Read More