Real Estate
4th September 2019
Kylie Jenner’s outrageously extravagant 22nd birthday party in Italy earlier this month was held on the 91-metre Tranquility superyacht, which features a beauty salon, sauna, gym, massage room, plunge pool and two helipads. The luxury vessel, which cost $1.2 million for a week’s hire, is also home to a secret. Read More
30th August 2019
The prime minister is refusing to specify whether federal resources to combat money-laundering will be sent to B.C. before the election period begins. NEWS 1130 tried to get clarification from the federal leader during a stop in Surrey Thursday afternoon. The federal government has pledged to contribute cash and resources… Read More
29th August 2019
Malaysian prosecutors on Wednesday said former prime minister Najib Razak abused his power to cover up the theft of hundreds of millions of dollars from the state fund 1MDB and used the fund for self-gratification. On the opening day of the biggest trial in the 1MDB financial scandal, prosecutor Gopal… Read More
27th August 2019
A Brazilian Supreme Court justice believes jailed ex-President Luiz Inacio Lula da Silva deserves a retrial after leaked social media conversations appeared to show the judge hearing Brazil’s largest-ever corruption case collaborated with prosecutors. Justice Gilmar Mendes said in an interview with Reuters that the so-called Car Wash investigation was… Read More
21st August 2019
A Honduran court convicted the wife of former President Porfirio Lobo on graft charges, including siphoning funds from programs designed to help poor children, a judicial official said on Tuesday. Rosa Elena Bonilla was found guilty of diverting some 18.3 million Honduran lempiras ($779,000) in public funds plus international donations… Read More
21st August 2019
Shell companies—specifically, of the illicit sort—have so long been entangled with the concept of money laundering that one term often evokes the other.  But after decades of acknowledging the problems associated with anonymous corporate ownership, and with little to show in the way of preventing the misuse of shell… Read More
20th August 2019
The Saskatchewan government is set to introduce amendments to protect against criminal acts like money laundering— even if it’s a bit late. Money laundering is estimated to be worth $6.5 billion across Saskatchewan and Manitoba alone, according to a report from former B.C. attorney general and Simon Fraser University professor, Maureen… Read More
19th August 2019
The first people charged with crimes in the United States arising from the Panama Papers investigation will face trial in January 2020, according to new court filings. The trial, in New York’s Southern District, will begin almost four years after the International Consortium of Investigative Journalists and more than 100… Read More
16th August 2019
U.S. prosecutors are seeking to sell three luxury homes linked to the stepson of former Malaysian prime minister Najib Razak, court documents showed, in the latest effort to recover money allegedly stolen from Malaysian fund 1MDB. Malaysian and U.S. authorities allege that about $4.5 billion was misappropriated from 1Malaysia Development… Read More
15th August 2019
Canadian PM Justin Trudeau violated federal conflict of interest rules in the handling of a corruption inquiry, the federal ethics tsar has found. The ethics commissioner says Mr Trudeau improperly tried to influence a former minister in the SNC-Lavalin affair. The prime minister says he accepts the commissioner’s report but… Read More