Real Estate
26th May 2021
By Stas Ivashkevich, Olga Ratmirova, Ales Yarashevich and Bojana Jovanovic, OCCRP, 25 May 2021 OCCRP — When the Minsk City Council announced the winner of an architectural competition in 2008, the plan for the futuristic project was ambitious. Glass towers twisted like corkscrews, enveloping a 300-meter-high skyscraper,… Read More
25th May 2021
The Scottish government is facing a new legal challenge over its February rejection of a motion to investigate former U.S. President Donald Trump’s all-cash purchases of two golf courses, reviving an effort to force Trump to disclose how he financed the deals. Avaaz, a global human rights group, filed a… Read More
25th May 2021
The National Crime Agency has joined the Evening Standard’s battle to name a London couple accused in a secret justice case of bringing £14 million of corrupt money from the “Azerbaijan laundromat” into the capital. The law enforcement agency has also drafted in the government’s terrorism watchdog, Jonathan… Read More
25th May 2021
A Government “cash for visas” scheme has distributed 179 million euro to investment funds since it was established in 2012. About a quarter of that figure has been given to mixed investments, bonds and real estate investment trusts (REITs). Last week new legislation was introduced to limit the ability of… Read More
24th May 2021
On May 12th, prosecutors in North Macedonia charged Nikola Gruevski, the country’s former prime minister, with money-laundering. It is alleged that he funnelled cash donated to his party through Belize to buy property illegally and conceal its ownership. He says the case is politically motivated. Meanwhile in Jahorina, a popular… Read More
21st May 2021
BNP Paribas SA was charged in France over accusations it laundered money stemming from corruption and embezzlement in a case over alleged ill-gotten assets linked to Gabon. The charges were issued on May 11 as part of an investigation into French wealth of the family of the late Gabonese… Read More
21st May 2021
The international anti-money laundering standard setter has criticised the Reserve Bank of New Zealand (RBNZ) for failing to supervise the banking sector adequately, despite an overwhelmingly positive national review. The Financial Action Task Force’s (FATF) latest mutual evaluation report revealed the central bank has just five full-time staff dedicated to… Read More
21st May 2021
The governor of the Mexican border state of Tamaulipas is under investigation by the U.S. Federal Bureau of Investigation for alleged money laundering, Mexico’s president said on Thursday, less than three weeks before pivotal midterm elections. President Andres Manuel Lopez Obrador showed a letter from an FBI representative that said… Read More
19th May 2021
The Italian businessman accused of extorting Vatican officials during the purchase of a valuable London property is set to be bailed after a judge ordered he put up 1.1 million pounds ($1.6 million) in security. Gianluigi Torzi, 42, can be released on conditional bail, Judge Paul Goldspring said. He was… Read More
17th May 2021
A $3.6 million home overlooking Ladies Bay Beach in the Auckland suburb of St Heliers was swarmed by the Armed Offenders Squad on the morning of March 17 as the property was seized and its occupants arrested. A total of $6000 found on the property and $200,000 worth of jewellery… Read More