money laundering

Corruption Case Involving Governor Abdul Gani Kasuba Named Suspect in Money Laundering Case: KPK Investigation Update

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Corruption Case Involving Governor Abdul Gani Kasuba Named Suspect in Money Laundering Case: KPK Investigation Update

Jakarta – The Corruption Eradication Committee (KPK) developed a corruption case involving the non-executive Governor of North Maluku (Malut). Abdul Gani Kasuba. The Corruption Eradication Committee (KPK) has now named Abdul Gani as a suspect in the Money Laundering Crime (TPPU) case. “Through the investigation of data and information as well as statements from the … Read more

ANRF Annual Report 2022 Reveals Surge in Money Laundering and Terrorism Financing Reports

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ANRF Annual Report 2022 Reveals Surge in Money Laundering and Terrorism Financing Reports

The annual report of the National Financial Intelligence Authority (ANRF) for the year 2022, presented to the head of government Aziz Akhannouch by its president Jawhar Nfissi, reveals an increase in reports of suspicion of money laundering and financing of terrorism. The ANRF has, in fact, received more than 5,000 reports of suspicion, of which … Read more

European Arrest Warrant Granted for Tsvetan Vassilev in Money Laundering Case

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European Arrest Warrant Granted for Tsvetan Vassilev in Money Laundering Case

The Court of Appeal in Sofia has finally granted permission to the prosecutor’s request for a European Arrest Warrant (EAW) for Tsvetan Vassilev accused of money laundering in our country. Thus, the decision of the first instance was confirmed, reports BTA. According to the magistrates of the second instance, this is the only possible measure … Read more

Stricter Anti-Money Laundering Rules Require Reporting Major Luxury Purchases such as Yachts and Private Jets – EPA Yachts in Monaco Article

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Stricter Anti-Money Laundering Rules Require Reporting Major Luxury Purchases such as Yachts and Private Jets – EPA Yachts in Monaco Article

EPA yachts in Monaco NOS Nieuws•vandaag, 06:28 Aida Brands editor Brussels Aida Brands editor Brussels The European Parliament and EU countries reached political agreement last night on stricter anti-money laundering rules. In the future, football clubs must carefully check who their sponsors are and where the money comes from. It will also be better kept … Read more

A court order preventing the founder of Binance from traveling to the Emirates – East Economy with Bloomberg

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A court order preventing the founder of Binance from traveling to the Emirates – East Economy with Bloomberg

Fears of Binance founder escaping Zhao, who resigned as CEO of Binance as part of a plea deal, theoretically faces up to 10 years in prison, but is expected to get no more than 18 months in prison. He also agreed to pay a fine of $50 million. Cryptocurrency trading volumes on the US “Binance” … Read more

EU plan to control money laundering in football ignited by Chelsea claims

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EU plan to control money laundering in football ignited by Chelsea claims

Lawmakers say allegations of wrongdoing by ex-owner Roman Abramovich lend credence to their crusade against dirty money in sports, though others urge caution Recent revelations about financial malfeasance at Chelsea FC have sparked EU plans to subject football to strict anti-money laundering restrictions. EU negotiators are locked in a battle over whether to include football … Read more

Man’s Account Number Mistakenly Used for Various Transactions – Homelessness Hinders Awareness

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Man’s Account Number Mistakenly Used for Various Transactions – Homelessness Hinders Awareness

His account number is mentioned again. He is said to have made all kinds of transactions during that period, such as paying at the supermarket, rent being debited and his girlfriend regularly depositing some money. “Did you not notice that amounts were being deposited each time?” the judge asks. ‘No not at all. I was … Read more

Singapore Uncovers $2.8 Billion Money Laundering Case, Confiscating 152 Properties and 62 Vehicles

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Singapore Uncovers .8 Billion Money Laundering Case, Confiscating 152 Properties and 62 Vehicles

Jakarta – Government Singapore uncovered one of the biggest money laundering cases in the world. The assets confiscated in this case reached US$ 2.8 billion or Rp. 43.68 trillion (exchange rate Rp. 15,600). Quoted from Straits Times, Thursday (5/10/2023), this case was discovered in 2021 when the authorities saw the possibility of fake documents being … Read more

Largest Money Laundering Case in Singapore: Confiscated Assets Worth Billions

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Largest Money Laundering Case in Singapore: Confiscated Assets Worth Billions

CNN Indonesia Tuesday, 03 Oct 2023 21:00 WIB Illustration. Singaporean authorities confiscated assets worth 2.8 billion dollars or the equivalent of IDR 43.6 trillion after uncovering the largest money laundering case in the country’s history. (iStock/Andrzej Rostek) Jakarta, CNN Indonesia — Authority Singapore confiscated assets worth 2.8 billion dollars or the equivalent of IDR 43.6 … Read more

De Volksbank Reprimanded by DNB for Inadequate Anti-Money Laundering Rules

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De Volksbank Reprimanded by DNB for Inadequate Anti-Money Laundering Rules

ANP NOS Nieuws•gisteren, 22:54 Ruben Eg editor Economics Ruben Eg editor Economics De Volksbank lacks a clear system that can be used to determine whether account holders are engaged in criminal activities. For example, the state bank does not sufficiently check whether customers misuse crypto coins to launder money. It is also not clear internally … Read more