Wikipedia Commons / Isabel dos Santos, daughter of former Angola president José Eduardo dos Santos By Gary Raynaldo – DIPLOMATIC TIMES The British government announced Thursday it has sanctioned three “notorious kleptocrats” including Angolan billionaire Isabel Dos Santos in a crackdown on “dirty money” laundered
The late Nigerian military leader and President Sani Abacha (Source: Wikipedia Commons) By Gary Raynaldo DIPLOMATIC TIMES Nigeria’s late military dictator Sani Abacha reportedly looted the east African nation of billions of dollars before he died in 1998. The Nigerian government Wednesday signed a
Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Zürich, Switzerland (Source: Wikipedia Commons) By Gary Raynaldo DIPLOMATIC TIMES Banking giant Credit Suisse has been found guilty for involvement in washing dirty money related to a
(credit: europol.europa.eu) Law enforcement authorities in Germany and Luxembourg have arrested four members of a criminal group suspected of laundering the proceeds from drug trafficking. DIPLOMATIC TIMES STAFF REPORT At the request of France, authorities in Germany and Luxembourg carried out a coordinated blow on
(credit: europol.europa.eu) The criminal organisation, mainly formed of Greek nationals, set up shell companies in the United States and opened bank accounts for these companies to steal €12 MILLION. DIPLOMATIC TIMES STAFF REPORTS A cross-border operation coordinated by Europol and led by the Spanish National
€90 million a year of dirty cash illegally transported from France to Morocco (europol.europa.eu) DIPLOMATIC TIMES STAFF On 2 November, an 18-month investigation led by the French National Gendarmerie (Gendarmerie Nationale) and supported by EUROPOL put an end to a large money-laundering network. Several raids
Credit: Wikipedia / Citgo Petroleum Corporation (CITGO), a Houston-based subsidiary of Venezuela’s state-owned and state-controlled energy company Petróleos de Venezuela S.A. (PDVSA). By Gary Raynaldo DIPLOMATIC TIMES U.S. prosecutors charged a former Citgo Petroleum manager in connection with an international bribery and money laundering scheme. Jose Luis De
Credit: eppgroup.eu/ The EPP Group wants Europe to be better equipped to fight money laundering. DIPLOMATIC TIMES STAFF BRUSSELS – ʺEurope must be better equipped to fight criminal networks and their attempts to launder their ill-gotten gains. There must be no sanctuary in Europe for
Credit: europol.europa.eu / Major investment fraud gang busted in Bulgaria, Serbia with total losses estimated in the region of €80 million. DIPLOMATIC TIMES STAFF A large criminal network involved in fraud, money laundering and social engineering was dismantled in an international investigation. Europol and Eurojust
Credit: Wikipedia Commons / Nigerian Air Peace Boeing 737-300 at Tallinn Airport in Estonia By Gary Raynaldo / DIPLOMATIC TIMES Allen Ifechukwu Athan Onyema, the founder and CEO of Air Peace, a major airline in Nigeria, has been charged with bank fraud and money laundering