Russia: Oligarch, Economist Slam Corruption, Failing Economy
The head of Rusal, one of the world’s largest aluminium companies, criticized the failure of Russian economic policy at the Krasnoyarsk Economic Forum on Friday, reported Kommersant.
The head of Rusal, one of the world’s largest aluminium companies, criticized the failure of Russian economic policy at the Krasnoyarsk Economic Forum on Friday, reported Kommersant.
A suspected drug courier was caught Sunday at the Dusseldorf airport with 15 kilograms (33 pounds) of cocaine hidden in his luggage. Police also arrested nine others in connection with an international drug trafficking investigation, according to a joint news release from prosecutors and police in Bochum, a city northeast of Dusseldorf.
Kazakh authorities have questioned two journalists, Seytkazy Matayev and his son Aset Matayev, in connection with alleged embezzlement, reports Radio Free Europe/Radio Liberty (RFE/RL).
Fourteen members of a group have been arrested on suspicion of forging passports and other documents for people planning terrorist activities, according to a Feb. 18 news release from the Russian Federal Security Service (FSB).
Two lawmakers that anti-corruption prosecutors sought to arrest on Feb. 10 are still free after Parliament failed to approve the request, according to local media.
Bilal Erdogan, son of Turkish President Recep Tayyip Erdogan, is being investigated by Italian prosecutors on suspicion of money laundering, reported Turkish news outlet Today’s Zaman.
Five directors of the Spanish branch of the Industrial and Commercial Bank of China (ICBC) have been arrested as part of a probe into alleged money laundering of more than € 40 million (US$ 44 million), according to a Feb. 17 news release from Europol.
VimpelCom says it will “acknowledge certain violations of the US Foreign Corrupt Practices Act and relevant Dutch laws” in its fourth quarter report for 2015 published today.
Former French President Nicolas Sarkozy is under investigation regarding alleged irregularities with campaign finances dating back to his 2012 re-election campaign, according to the Guardian.
The Council of the European Union has called on Moldovan authorities to investigate the massive Moldovan banking fraud, according to a Feb. 15 news release.