A new project that will be led by Europol and financed by the European Commission will help the EU’s eastern neighbours -- Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine -- fight organized crime.
The European Court of Justice announced on Thursday that Romania and Ireland will have to pay three million euro (US$3.43 million) and two million euro ($2.29 million) respectively for having failed to follow an EU directive intended to prevent illicit financial flows that lead to money laundering and terrorist financing.
The French Competition Authority fined on Thursday 12 companies with a total of 93 million euros (US$106 million) for conspiring to force slaughterhouses to sell their meat cheaper and for supermarkets to buy it for a higher price.
A Moscow city lawmaker said she discovered how contracts are being rigged by officials who use disappearing ink to adjust prices of infrastructure and other works and line their pockets with the difference.
The man who last year blew the whistle on the largest corruption scandal ever to hit Namibia has strongly condemned newly-emergent allegations of a cash-for-contracts scheme involving Chinese tech giant Huawei.
Italy has placed Romania’s former chief anti-corruption prosecutor under house arrest on Monday where she will stay until a decision is made about her extradition to Bucharest where she was sentenced to four years in jail for corruption.
The European Commission recommended on Tuesday that member states withhold coronavirus aid from companies linked to countries that have been blacklisted for being non-cooperative tax jurisdictions.
Two former managers of the Monaco-based energy consultancy Unaoil have bribed Iraqi authorities to secure favorable contracts in the war-torn country, a UK court established in a process that was marred by accusations against the head of the UK Serious Fraud Office of having been vulnerable to flattery from an Unaoil agent.
Hitmen in the Mexican state of Sonora have gunned down a member of the Sinaloa cartel and his family, amid what appears to be erupting into a savage conflict between two of the country’s most powerful drug trafficking organisations.
Portuguese and Spanish police arrested six and indicted 32 people in a two-day bust of a cross-border crime ring practicing VAT fraud, Europol announced.