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Pandora Papers: Document dump allegedly links world leaders to secret wealth

A massive leak of financial documents was published by several major news organizations on Sunday that allegedly tie world leaders to secret stores of wealth, including King Abdullah of Jordan, Czech Prime Minister Andrej Babis and associates of Russian President Vladimir Putin. The dump of more than 11.9 million records,… Read More

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

The Strategy for the Development of the Financial Market of the Russian Federation by 2030 was released this week by the Ministry of Finance. The plan is open for public discussions between Sept. 14 and Oct. 13, 2021, according to a notice published by the State Automated… Read More

Prince Charles’s charities investigated over controversial donation from Russian banker

Prince Charles has become embroiled in a fresh donations scandal, after it emerged a Russian businessman previously convicted of money laundering tried to donate half a million pounds to his charities. The heir to the throne wrote a fulsome thank you letter to Dmitry Leus last year… Read More

13th September 2021

How a Russian Mobile App Developer Recruited Phones into a Secret Ad-Watching Robot Army

By Martin Laine, OCCRP, 9 September 2021 OCCRP — In October 2020, Maxim Karpenko, an independent Russian mobile game developer, was sitting on a train about to go on vacation when a friend messaged him with troubling news. Stavrio Ltd., a little-known company in the U.K., had… Read More

6th September 2021

Guatemala starts probe into bribery allegations linked to president

Prosecutors in Guatemala have begun an investigation into allegations that Russian businessmen paid a bribe to President Alejandro Giammattei to obtain a dock in one of the country’s main ports, the attorney general’s office said on Friday. Juan Luis Pantaleon, spokesman for the Guatemalan attorney general’s office, said anti-corruption prosecutors… Read More

1st September 2021

Ukraine leader to urge Biden to ramp up Russian sanctions

Ukraine’s leader is travelling to the United States this week in hopes of bolstering security ties with Washington and persuading the administration to ramp up sanctions against a new Russian natural gas pipeline that bypasses his country. President Volodymyr Zelenskyy has called Washington’s failure to block the construction of the… Read More

24th August 2021

Mozambique ‘tuna bond’ scandal: Ex-President Guebuza’s son on trial

The son of Mozambique’s ex-president and 18 others have gone on trial over the $2bn (£1.5bn) “tuna bonds” affair. Ndambi Guebuza, son of former President Armando Guebuza, and the others face charges of blackmail, embezzlement and money laundering. They have not yet commented on the charges. Mozambique’s biggest corruption scandal… Read More

23rd August 2021

Ukraine sanctions lawmaker accused of meddling in U.S. election

Ukraine’s President Volodymyr Zelenskiy on Sunday signed a decree imposing sanctions on Andriy Derkach, the Ukrainian lawmaker accused by the United States of being a Russian agent and interfering in U.S. elections, the presidential office said. The sanctions include an asset freeze, a ban on capital withdrawals, the revocation of… Read More

23rd August 2021

UK, U.S. impose sanctions on Russian intelligence agents over Navalny poisoning

Britain and the United States imposed sanctions on Friday on men they said were Russian intelligence operatives responsible for the poisoning one year ago of Kremlin critic Alexei Navalny. The two countries both targeted seven Russians with sanctions and also issued a joint statement warning Russia over chemical weapons. Washington… Read More

22nd August 2021

Alexei Navalny calls for tougher action on global corruption

The jailed Russian opposition leader Alexei Navalny has written from behind bars to urge western politicians to take meaningful action against global corruption and to impose personal sanctions against oligarchs “in the entourage of Vladimir Putin”. Writing in the Guardian before the first anniversary of his poisoning on 20 August… Read More

20th August 2021

Fall of Afghanistan Leaves US Officials Scrambling Over Taliban Funding Streams

The speed with which the Taliban seized control of much of Afghanistan last week took the U.S. military and intelligence apparatus by surprise, and handed the White House the difficult job of rapidly recalibrating their approach to the Islamist militia and its finances. Global financial institutions already anticipate that the… Read More

18th August 2021

The rise and fall of the Oligarch-maker

He had glittering success – a long career managing one of the world’s biggest trust companies and making millions from Russia’s oligarchs. Even as his clients mysteriously died, one by one, he managed to stay in the shadows and remain ahead of the game. Until undercover reporters from Al Jazeera’s… Read More

17th August 2021

Ukraine Bans All Russians From Massive Moscow-Style State Selloff

All Russians will be banned from taking part in a huge new selloff of Ukrainian state-owned companies, a senior official has told The Daily Beast. The move is intended to bolster Ukraine’s economy while freeing it from the tentacles of Russian influence on the 30th anniversary of its independence. President… Read More

Must Read

USA: Credit Suisse Resolves Fraudulent Mozambique Loan Case in $547 Million Coordinated Global Resolution

The mystery of the missing £50bn

Canada: B.C. casinos used foreign high rollers as money-laundering ‘pawns,’ inquiry hears

Belgium Is Pushing to Dilute the EU’s Belarus Potash Sanctions

UK: Scams – Cost of impact on wellbeing calculated as £9bn a year