Search Results for: banking

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed new sanctions Friday on multiple entities that back extremist settlers in the West Bank, including the Mount Hebron Fund and Shlom Asiraich. These sanctions were a response to both the Mount Hebron Fund and Asiraich’s involvement in fundraising campaigns for violent extremists Yinon [...]

The German parliament, the Bundestag, passed contentious legislation on Friday authorizing the issuance of payment cards to asylum seekers and refugees for the distribution of state benefits. The nationwide legal framework was approved following a conference between Chancellor Olaf Scholz and the state prime ministers in November last year, during which 14 out of the [...]

The former chairman of China Everbright Group, Tang Shuangning, who used to serve as a senior official at the People’s Bank of China and the China Banking Regulatory Commission, is under indictment Friday on bribery and embezzlement charges. Tang was originally arrested in January. On Friday, the investigation of Tang was concluded by the National [...]

The General Court of the EU revoked on Wednesday the restrictive measures imposed on Mikhail Fridman and Petr Aven, two Russian billionaires, between February 2022 and March 2023. The two were originally sanctioned in connection with Russia’s ongoing war in Ukraine. Mikhail Fridman and Petr Aven are significant shareholders of Alfa Group, a cooperation that [...]

The Economic and Financial Crimes Commission of Nigeria (EFCC) filed 26 new charges Friday against former Nigerian Central Bank Chief Godwin Emefiele. The charges concern Emefiele’s alleged abuses of office and corruption The charges include allegations of fraudulent foreign exchange allocations totaling $2 billion without supporting bids, abuse of office and corruption. Emefiele also faces [...]

A Human Rights Watch (HRW) report released on Thursday alleged that an Israeli airstrike conducted on a civilian apartment building on October 31, 2023, is a war crime. The report calls the attack, which resulted in 106 civilian deaths, including 54 children, “among the deadliest single incidents for civilians” since Israel’s ground invasion of Gaza. [...]

Israel concluded on Friday its weeks-long investigation into the alleged deaths of multiple hostages held by Hamas via friendly fire, asserting that it is likely that at least one hostage was killed by an Israeli helicopter. In its investigation, the Israeli Defense Forces (IDF) found that Efrat Katz, who was kidnapped from her home in [...]

The Basmanny District Court of Moscow announced on Monday that a tenth person, a Tajik citizen named Yakubjoni Yusufzoda, was arrested for the Crocus City Hall terror attack that killed 134 people.  “The court decided to satisfy the request of the investigator of the Investigative Committee, to select a preventive measure for Yusufzoda in the [...]

Yonatan Shapira is an ex-captain and pilot in the Israeli Air Force. In 2003, he helped coordinate the circulation of a letter that was signed by 27 Israeli Air Force pilots expressing their refusal to engage in Israeli military actions targeting Palestinians. Additionally, Shapira has endorsed the domestic Israeli movement supporting Boycott, Divestment, and Sanctions [...]

Igran Gambaryan, the Head of Financial Crime Compliance at cryptocurrency exchange company Binance, along with Nadeem Anjarwalla, Binance’s Regional Manager for Africa, initiated legal proceedings on Thursday against Nigeria’s Office of the National Security Adviser (ONSA) and the Economic Financial Crimes Commission (EFCC). These developments are a result of the Nigerian federal government’s investigations into [...]