Singapore charged two bankers Thursday for their alleged role in abetting clients responsible for a US$2.2 billion money laundering ring, marking the first time that criminal charges have been laid against finance professionals since the scandal came to light.
Related Posts
UK Sanctions Balkan Syndicates Linked to People Smuggling
The sanctions come as the second package under the UK’s new people smuggling sanctions regime. Read More
Malta Strips Citizenship From Russian Convicted of Money Laundering
Russian national Semen Kuksov was sentenced last year in the U.K. for his role in an international ring that laundered funds… Read More
Europe Confronts Serbia Over Corruption, Deadly Negligence, and Media Repression
The European Parliament’s resolution condemns President Aleksandar Vučić’s government for widespread corruption, attacks on… Read More