18th February 2021
North Korea was accused of being behind the 2014 hack of an internal computer network of Sony Pictures Entertainment Inc., an audacious attack that exposed Hollywood secrets and destroyed company data. On Wednesday, U.S. officials said that was only the beginning. In indicting three North Korean computer programmers… Read More
5th February 2021
Jewellery traders now have to keep a record of cash transactions which go over Rs2 million, says Federal Board of Revenue. It is part of the government’s plans to speed up efforts to document the economy as Pakistan nears its FATF review, sources were quoted as saying by… Read More
15th January 2021
In October 2014, Canadian intelligence leaders were invited to the U.S. Drug Enforcement Administration’s headquarters in Chantilly, Va. The DEA had a theory: the upper echelons of global money laundering, terrorism, drug-trafficking and organized crime all bleed together. And only a handful of men in this murky world of extremely… Read More
5th January 2021
Pakistan has arrested Zaki-ur-Rehman Lakhvi, a leader of armed group Lashkar-e-Taiba (LeT) – blamed by the United States and India for the 2008 Mumbai attacks, a counterterrorism official said. The arrest is in relation to “terrorism financing”, the official said on Saturday, and not a specific attack. “Proscribed organisation LeT… Read More
31st December 2020
Pakistan’s anti-corruption body on Tuesday arrested a senior opposition leader and former foreign minister, Khawaja Muhammad Asif, in an ongoing probe into allegations of possessing assets higher than his known sources of income. The National Accountability Bureau (NAB) arrested Asif — a leading face of the The Pakistani Muslim League… Read More
24th December 2020
The National Accountability Bureau (NAB) on Tuesday seized assets of six accused, including family members of Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif, in a money laundering case. An accountability court in Lahore resumed the hearing of the case today. The leader of the opposition in the National Assembly and… Read More
24th December 2020
Since the Islamic Revolution in 1979, Iran’s clerical establishment has used religious organizations to expand its clout abroad. Key among them is the Al-Mustafa International University, a network of religious seminaries based in the Shi’ite holy city of Qom that has branches in some 50 countries. The university claims… Read More
15th December 2020
Six expats have been imprisoned in Abu Dhabi and slapped with hefty fines on charges of money laundering. The accused, all Pakistani nationals, were charged with “committing money laundering by conducting suspicious banking transactions in an attempt to conceal the origin of funds obtained from drug trafficking”, the Abu Dhabi… Read More
14th December 2020
The leader of the Taliban had life insurance and built up a large property portfolio before he was killed in a US drone strike, a court in Pakistan has been told. Mullah Akhtar Mansour had used fake identities to buy at least five properties in Karachi, and is believed… Read More
11th December 2020
Britain on Thursday slapped sanctions on The Gambia’s former president Yahya Jammeh as it widened travel bans and economic sanctions for human rights abuses worldwide, AFP reports. The former dictator, whose election defeat to Adama Barrow in December 2016 forced him to flee, was one of three from the West… Read More