A paper the World Bank released on Tuesday shows that countries dependent on aid from the organization see increased flows into tax secrecy havens, suggesting that some of its funds is ending up in the wrong hands.
An appellate department of a Seoul High Court revoked bail for former South Korean President Lee Myung-bak and sent him back to prison to serve 17 years for bribery and financial embezzlement, the South Korean Yonhap news agency reported. In 2018, a lower court sentenced him to just 15 years on those charges.
Monaco has not done much in response to recommendations from the Council of Europe’s (COE) anti-corruption body (GRECO) on how to prevent corruption among parliamentarians, judges and prosecutors, according to GRECO’s latest report, published Monday.
Miami authorities Tuesday arrested members of an alleged organized crime ring who used social media to target some dozen wealthy people with jewelry and valuables to steal, according to the Miami Herald.
A student who was accused of defamation for broadcasting claims that Cambodian Ministry of Justice officials took up to US$3 million in bribes to hand out passes in magistrate exams was questioned for a whole day at a Phnom Penh court late last week.
Vatican investigators seized documents and computers in a raid this week on the office and house of Monsignor Alberto Perlasca linked to ongoing investigation into financial and real estate investments by the Secretariat of State, according to the Holy See Press Office.
The European Council updated its list of non-cooperative jurisdictions that do not meet its tax reform requirements on Tuesday, but tax reform advocates say the list is still incomplete.
Ukraine’s National Police on Sunday detained the alleged leader of an shakedown gang on charges of extortion, handling weapons and coordinating organized crime activities.
Civil society organizations urged the participants of a conference on combating money laundering to insist on the establishment of a public register that would show who owns which company in which country.
France is facing a new problem.
Once it sells the multimillion-euro Paris mansion it seized from Teodorín Obiang, the vice-president of Equatorial Guinea who was convicted for corruption, how will it return the money to the impoverished people of his country?