Search Results for: tax evasion

Australia-based Hillsong Church Sunday announced that it will conduct an independent investigation into its financial structure following allegations of fraud and financial misappropriation. Global Senior Pastor Phil Dooley said that the church is making “significant operational changes” following criticism from Tasmanian MP Andrew Wilkie. Dooley confirmed that the church will conduct, “a complete reevaluation, via [...]

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The Indian Income Tax Department Friday said that they uncovered irregularities in the BBC’s accounting books following a search of the broadcaster’s offices. In a statement, the tax authority said that a survey action was carried out across the broadcaster’s Delhi and Mumbai offices which found “several discrepancies and inconsistencies” regarding the company’s tax declarations. [...]

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The Philippine Court of Tax Appeals Wednesday acquitted Nobel-winning journalist Maria Ressa and her news website Rappler of tax evasion charges. According to the International Centre for Journalists (ICFJ), the maximum sentence for the four tax charges amounted to 34 years in prison. Hold The Line Coalition (HTL), a group of Ressa supporters, welcomed the [...]

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German prosecutors Tuesday declined to investigate German Chancellor Olaf Scholz for his involvement in a tax scandal. In an exclusive report to German newspaper Der Tagesspiegel, prosecutors from the Attorney General’s office said they found no evidence that Scholz aided or abetted anyone involved in Germany’s cum-ex scandal. The scandal consisted of a share-trading scheme [...]

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The United Arab Emirates (UAE) Wednesday lifted an American civil rights lawyer’s prison sentence. Asim Ghafoor was previously convicted of money laundering and sentenced to 3 years in prison. The conviction will be upheld, and Ghafoor will be required to pay 5 million dirham ($1.36 million) according to the statement. The prison sentence’s lifting was [...]

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Switzerland’s Federal Criminal Court Monday fined Credit Suisse two million Swiss francs for failing to stop an employee who allowed a criminal organization to launder money through the bank. It also confiscated 12 million francs from Credit Suisse accounts linked to money laundering. The court says that between July 2007 and December 2008 a customer relations [...]

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The US State Department Sunday shared its “deep concern” over the two-year prison sentence of Vietnamese activist Nguyễn Thúy Hạnh. Nguyễn, the founder of the Green Innovation and Development Centre and Vietnam’s first recipient of the Goldman Environmental Prize, was detained and arrested on two occasions in 2021 for violating Article 117 of Vietnam’s Criminal Code [...]

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The US Department of Justice (DOJ) Thursday filed suit against former Trump campaign manager Paul Manafort for around $3 million for failing to timely report his financial interest in foreign accounts.  In 2018, Manafort pleaded guilty to counts of conspiracy against the US, conspiracy to commit money laundering, tax fraud, failing to file Foreign Bank Account Reports and [...]

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Human Rights Watch (HRW) Monday urged the European Union (EU) to press Vietnam to improve human rights record. HRW called upon the EU “to insist of clear, concrete, and measurable human rights benchmarks for Vietnam” ahead of a bilateral human rights dialogue between the Union and the countryset to take place in Brussels on Wednesday. [...]

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