Real Estate
12th July 2021
He is one of the few lawmakers left in Haiti, a close ally of the assassinated president who has kept his seat while the country’s democratic institutions have been whittled away. As one of only 10 remaining members in all of Haiti’s Parliament, Rony Célestin, a swaggering figure who… Read More
7th July 2021
An investigation into tax evasion and the role Labour MP Rosianne Cutajar played in brokering a property deal in Minda for Yorgen Fenech has been ongoing since February, the Times of Malta has reported. The Tax Compliance Unit started an audit and an investigation soon after the multi-million property… Read More
30th June 2021
A former senior partner has been jailed for four years after defrauding his firm out of a total of £2.3m. Andrew Davies, 59, paid personal invoices to himself from the business and also under-declared £1.1m in stamp duty land tax to HMRC over nine years. Davies pleaded guilty to one… 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
28th June 2021
A Russian oligarch with extensive business interests in London has escaped sanctions in the UK despite his close and “long-time” friendship with Alexander Lukashenko. Mikhail Gutseriev’s relationship with the Belarusian dictator is so close that Mr Lukashenko offered to rename a town after him, according to a European Union… Read More
24th June 2021
Members of a global anti-money laundering watchdog have voted to add Malta to its grey list, in a decision that could have serious negative repercussions on the country’s economy. The Financial Action Task Force (FATF) plenary came to the decision shortly after 2.30pm on Wednesday afternoon. Although no official announcement… Read More
21st June 2021
The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the commission would be going all out to investigate money laundering in the real estate sector. The investigation, according to Mr Bawa, will involve parts of Abuja, Lagos State and Port Harcourt,… Read More
17th June 2021
A London couple accused of bringing £14 million of “dirty money” into Britain have been given another chance to keep their names secret despite a second High Court judge backing a ruling that they should be identified. The pair are fighting to avoid having millions of pounds in… Read More
16th June 2021
A wealthy Chinese-Canadian businessman has agreed to forfeit more than $70 million by cutting a record-breaking deal with the New Zealand police. Three years ago, the bank accounts of Xiao Hua Gong in New Zealand were frozen as part of a global investigation into his finances. The businessman had built… Read More
14th June 2021
A senior cybercrime officer has warned that luxury flats being sold for bitcoin could be exploited by criminal gangs. Nigel Leary, a director at the National Crime Agency, said that he had significant concerns about bitcoin or other cryptocurrencies being used for large purchases such as property or private jets. Read More