Daily

Lesotho: Chinese Businessman Admits to Funding Top Politicians

In a recent interview, a Lesotho-based Chinese businessman who also serves as the prime minister’s trade adviser on Asia divulged the deep extent of his ties to Lesotho’s political elite, raising concerns that he may be advancing the interests of the Chinese community at the expense of indigenous people, the Daily Maverick reported last week.

Romania’s Dragnea Mocks Journalists with Doughnuts

Romania’s influential politician Liviu Dragnea on Monday mocked investigative journalists who announced they are in possession of a suitcase of evidence allegedly proving Dragnea is linked to a company suspected of corruption and EU funds fraud.

Argentina: Miami Investors Nabbed in Fernandez Corruption Case

Argentinian authorities are making headway in a massive corruption case against ex-president Cristina Fernandez de Kirchner, arresting late last month four individuals whose trails lead to a US$65 million property empire including luxury condos, pharmacies, and banks scattered across South Florida and New York City, the Miami Herald reported Sunday.

Goldman Sachs Bankers Charged for Role in 1MDB Fraud

The US Justice Department has filed criminal charges against a flashy Malaysian financier and a former Goldman Sachs banker for laundering billions syphoned from Malaysian investment development fund 1MDB. A second former banker for the New York-based firm has pleaded guilty for his involvement in the major fraud scandal.