Search Results for: laundering

Since 2014, Ukraine has taken decisive steps toward combating corruption. This has included the adoption of anti-corruption legislation and the establishment of anti-corruption bodies that operate in accordance with international standards. Furthermore, there has been a concerted effort to identify and address the root causes of corruption in Ukraine. Notably, the presence of an oligarchy [...]

The Independent National Electoral Commission (CENI) of the Democratic Republic of Congo (DRC) misappropriated $400 million in state funds ahead of December elections, per an EU report. The report, issued Monday, highlighted a 25.1 percent increase in the expenses of the electoral body during the 2016-2019 and 2021-2024 electoral cycles. Also as per the report, [...]

The Calcutta High Court in India’s West Bengal state directed a joint Special Investigation Team (SIT) comprising the Central Bureau of Investigation (CBI) and state police to investigate the attack on Enforcement Directorate (ED) officials on Wednesday. The ED officials were assaulted during a search in West Bengal linked to a money laundering case. The [...]

India’s economic investigation agency, the Enforcement Directorate (ED), informed the Kerala state High Court Monday that the scam at Karuvannur Service Cooperative Bank was orchestrated by leaders of the state’s ruling party, the Communist Party of India (Marxist) (CPI(M)). The affidavit filed by the ED asserts that CPI(M) party committees were involved in maintaining accounts [...]

The Malaysian Anti-Corruption Commission (MACC) said in a press release that it recorded the testimony of former prime minister Ismail Sabri Yaakob about the use of RM700 million in funds that were “spent for publicity and promotion purposes during the previous government’s administration” on Wednesday. The Keluarga Malaysia (Family Malaysia) program, launched by Ismail Sabri in [...]

India’s Enforcement Directorate (ED) reportedly summoned Farooq Abdullah on Thursday on allegations of misappropriation of funds from the Jammu and Kashmir Cricket Association (JKCA). Farooq Abdullah is the former chief minister of the erstwhile state of Jammu and Kashmir. The ED had provisionally attached a residential property worth Rs 7.25 Crore under the Prevention of [...]

State police filed a criminal complaint on Friday against two editors and the managing director of the Hindi daily Prabhat Khabar, alleging forgery and the printing of defamatory material. The complaint follows threatening calls to one of them over the paper’s coverage of the liquor mafia and scams. The complaint against Chief Editor Ashutosh Chaturvedi, [...]

The Supreme Court of India (SC) on Friday dismissed a plea against the Madras High Court’s September 2023 judgment that left it to the chief minister of the state of Tamil Nadu to decide if Minister V. Senthil Balaji, who was arrested due to his alleged involvement in money laundering linked to a jobs-for-cash scam [...]

The Malaysian Anti-Corruption Commission (MACC), in a press release on Saturday, stated that it has initiated an investigation into a former finance minister and close ally of former Prime Minister Mahathir Mohamad, Tun Abdul Daim bin Zainuddin, under the country’s laws related to abuse of power and money laundering. The MACC emphasized that it had [...]

The Albanian Special Court of First Instance for Corruption and Organized Crimes ordered house arrest for former Prime Minister and leader of the Democratic Party Sali Berisha on Saturday, following charges of “passive corruption.” The decision was made under Article 237 of the Criminal Code. It comes as a replacement for a previous order that [...]