Lazard Banker Charged in Sweden for Bribery in Atlas Deal

[ad_1] A Lazard Ltd. banker in Stockholm was charged by Swedish prosecutors over allegations of bribery linked to a deal struck by Atlas Copco AB. The alleged bribe amounted to…

U.S. Prosecutors Can Charge Foreign Officials With Bribery Under New Provision

[ad_1] U.S. authorities can now prosecute foreign officials who demand or accept bribes from Americans trying to secure business, new legal firepower granted in the recently signed annual defense legislation. For…

Judge rejects Sen. Bob Menendez’s request to delay his May bribery trial for 2 months

[ad_1] The New York federal judge scheduled to preside over the bribery trial of U.S. Sen. Bob Menendez rejected on Thursday a defense request to delay the start of jury…

Mastermind ‘Fat Leonard’ Got the Last Laugh in a Disastrous Navy Corruption Trial

[ad_1] Listen to article (2 minutes) Navy Capt. David Lausman, once the commanding officer of an aircraft carrier in the Pacific, stood front and center in a trial that capped…

Berkshire Can’t Use Bribery Allegations Against Haslam in Pilot Truck Stop Chain Accounting Dispute

[ad_1] DOVER, Del. (AP) — Warren Buffett’s Berkshire Hathaway will not be allowed to use allegations that billionaire Jimmy Haslam tried to bribe employees at the Pilot truck stop chain…

Who doesn’t know the Cayman Islands is a great place to hide money?…

[ad_1] Until recently, sanctions for non-compliance with Cayman’s money laundering regulations were also inadequate at providing a credible deterrent. The sanctions have since been raised from US$5,000 to up to…

Switzerland Charges Trafigura and a Former Top Executive With Bribery

[ad_1] Updated Dec. 6, 2023 1:21 pm ET Swiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the…

Trafigura charged in Switzerland over alleged Angolan bribery

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Switzerland’s federal prosecutor has charged the commodity trader Trafigura…

Ladbrokes and Coral owner to pay £585m over bribery allegations

[ad_1] Entain, which owns Ladbrokes and Coral, will pay HMRC £585m, it was decided on Tuesday. [ad_2] Source link

How enablers facilitate illicit financial flows: Evidence from Africa…

[ad_1] African nations, both independently and collectively, have made commitments to combat illicit financial flows and recover stolen assets. They should undoubtedly intensify efforts to fulfil these pledges. However, because…