News Filter
24th October 2016
Mexican officials are scrambling to find former governor of Veracruz Javier Duarte de Ochoa. It is being reported that the former politician who has been accused of criminal charges is missing. According to FOX News Latino, Duarte de Ochoa stepped down from his position last week to respond to corruption… Read More
21st October 2016
The China Securities Regulatory Commission said Friday it’s investigating six companies over alleged wrongdoings related to initial public offerings and disclosures. Longbao Ginseng & Antler Co., which is applying for a listing, is among the companies, the CSRC said in a statement posted on its official Weibo account. The five… Read More
21st October 2016
The tax fraud trial of Guy Wildenstein, the billionaire international art dealer, ended here Thursday night and a prosecutor asked the tribunal of judges hearing the case to sentence Mr. Wildenstein to two years in prison on charges that he helped shield a vast art collection… Read More
21st October 2016
Britain’s accounting watchdog has urged the government to ensure the UK retains global book-keeping rules even after it leaves the European Union, although the current regulations could be adapted. The International Accounting Standards Board (IASB) sets out the accounting rules for listed companies across Britain and Europe, but the UK’s… Read More
21st October 2016
India’s quest to become a cashless economy has been dealt a blow by a data breach that compromised as many as 3.2 million debit cards. Prime Minister Narendra Modi urged Indians in a radio address in May to use cashless payments to discourage corruption and keep track of money. Convincing… Read More
21st October 2016
Dutch prosecutors on Thursday said they had settled a corruption investigation into a leading car importer in the Netherlands, Pon Automotive, for 12 million euros ($13 million). The deal means the company will no longer be prosecuted for its alleged role in one of the Netherlands’ biggest corruption scandals related… Read More
21st October 2016
A man from Springfield received a federal prison sentence of two years and nine months on Thursday for an investment fraud scheme that gained him more than $1.1 million. A judge also ordered Christopher Hanson, 54, to pay $1,134,500 in restitution to his victims. Hanson pleaded guilty on Sept. 14,… Read More
21st October 2016
The U.S. Treasury moved to disrupt the fundraising and operation of the Iranian-backed Hezbollah group on Thursday, imposing sanctions on four operatives and a firm that have assisted the organization, long seen as a terrorist outfit by Washington. In a related action, the U.S. State Department sanctioned Hezbollah commander Haytham… Read More
21st October 2016
Online bookmakers are facing a crackdown on terms and conditions which critics say allow betting firms to unfairly avoid paying out to winning customers, it has been reported. The Competition and Markets Authority is expected to announce an investigation into the internet bookies’ alleged use of small print to restrict… Read More
21st October 2016
Two years after President Joko “Jokowi” Widodo and Vice President Jusuf Kalla entered office, there has been no significant improvement in Indonesia’s war against corruption, a watchdog has said. Indonesia Corruption Watch (ICW) legal researcher Aradila Caesar said Jokowi had shown a positive intention to support the Corruption Eradication Commission’s… Read More