Category: Corruption

Former Scottish First Minister Nicola Sturgeon arrested and questioned as a suspectD
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June 12, 2023

Disgraced Former Scottish First Minister Arrested Over Suspected Abuse Of Donations!

On Saturday, Nicola Sturgeon, the former first minister of Scotland was arrested and questioned as a suspect by officers who have been investigating for the past two years what happened to more than £600,000 of donations to the Scottish National Party (SNP). She was then released. Sturgeon unexpected resigned in February. It follows the arrest and subsequent release of her husband, ex-SNP chief executive Peter Murrell, in April 2023.
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Vice president of EU parliament Eva Kaili arrestedQ
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May 31, 2023

Qatargate: Suspected Lawmaker Eva Kaili Asks To Return To EU Parliament!

EU lawmaker Eva Kaili, arrested five months ago as part of the Qatargate investigation into corruption allegations within the European Parliament, is now preparing to return to work. The Belgian prosecutor announced that she is no longer under house arrest. She allegedly asked to return to the EU Parliament. Kaili's lawyers confirmed that she can now resume her duties. However, travel restrictions still prevent her from attending plenary sessions in Strasbourg.
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New report about organized crime activities in UkraineI
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May 21, 2023

Interesting Report: Organized Crime Activities In Ukraine Before And After The Russian Invasion!

Ukraine was the center of the international cybercrime scene until the Russian invasion in February 2022. Many online brokers and boiler room scams were based in Ukraine. The Russian mafia had also established its network in the West through Ukraine. Russian and Ukrainian organized crime had established a powerful criminal ecosystem within Europe and controlled a profitable transnational smuggling network between Russia and Western Europe.
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Governer of Banqze du Liban Rad Salameh accused of embezzlementL
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May 21, 2023

Lebanon Received Interpol Red Notice For Its Central Bank Governor Riad Salameh

This is a new and interesting situation around the never-ending issue of international corruption. Interpol Red Notice wants an acting central bank chief on suspicion of corruption. Lebanon's interior minister, Bassam Mawlawi, informed Reuters on Friday that an Interpol notice has been received for Riad Salameh, the country's central bank governor. Mawlawi stated that the notice would be followed if the judiciary instructed him to do so.
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OCCRP report on the Maltese healthcare corruption affairW
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May 19, 2023

Worthwhile Read: The OCCRP Report On The Maltese Healthcare Corruption Affair!

FinTelegram brought the Maltese scandal surrounding the privatization of three hospitals and Vitals Global Healthcare (VGH) in early March 2023. Now OCCRP has picked up the story, reporting on the misuse of millions and the personal enrichment of the people behind VGH, including its former CEO, Sri Ram Tumuluri. Funds were also funneled to Joseph Muscat, the former Prime Minister of Malta. The Maltese corruption seems to know hardly borders.
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New book exposed Maltese problems with Pilatus bankN
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April 16, 2023

New Book Reveals How Maltese Law Enforcement Obstructed Efficient Prosecution Of Pilatus Bank!

A book released in Malta by NGO Repubblika concludes that police officers investigating suspected money laundering at MFSA’s licensed Pilatus Bank were searching for justifications for the decision not to prosecute top bank officials. The author Robert Aquilina exposed how police officers discussed how to justify the decision by Attorney General Victoria Buttigieg not to prosecute Pilatus Bank's former top executives, Antoniella Gauci and Mehmet Tasli.
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Bank of Valetta involved in huge privatization fraud dealS
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March 10, 2023

Seriously? State-Controlled Bank Of Valletta Co-Financed Malta’s €4 Billion Privatization Fraud!

The €4-billion privatization deal was the largest a Maltese government ever struck with the private sector. It ended before the courts. A Maltese judge rescinded the deal after finding it fraudulent throughout. The original concession for running three hospitals was given to Vitals Global Healthcare, which sold it to Steward Health Care. The Medical Association of Malta (MUM) has warned about the fraudulent deal signed in 2015 and co-financed by the state-controlled Bank of Valetta.
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corruption is the name of the gameC
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March 7, 2023

Corruption Is the Name Of The Legacy Game! SEC Order Against Rio Tinto!

In our cyberfinance environment, we are prone to navel-gazing and focusing on the dark side of cryptocurrencies, i.e., money-laundering or scam facilitation. In doing so, we forget that the legacy economy and finance is genetically driven by corruption and money laundering. One example? The U.S. SEC's latest order against Rio Tinto. The company has agreed to pay a $15 million civil penalty to settle the SEC’s corruption charges.
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Governer of Banqze du Liban Rad Salameh accused of embezzlementC
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February 27, 2023

Corruption: Former Lebanon Central Bank Governor Transferred Embezzled $300-500M To Switzerland!

Who says that only the crypto industry has a problem? The FIAT regiment is much worse, including regulators. According to SwissInfo, Lebanese authorities charged long-time central bank governor Riad Salameh, his brother Raja Salameh, and his assistant Marianne Howayek with money laundering, embezzlement, and illicit enrichment. Salameh has been heading Banque du Liban (BDL) since 1993. He is the longest-serving central bank governor in the world.
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Deutsche Bank cuts ties to Austrian Rene BenkoB
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February 15, 2023

Breaking!Deutsche Bank Cuts Ties With Austrian Property Developer Rene Benko!

The Financial Times reports that Deutsche Bank has cut ties to the Austrian property developer over concerns about his involvement in a sprawling corruption investigation. Germany’s biggest bank ended its business relationship with René Benko. This embattled Austrian real estate billionaire co-owns Selfridges in London, the Chrysler Building in New York, and German department store, KaDeWe. Benko is a suspect in a huge corruption case in Austria.
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EU corruption scandal evolvesE
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December 15, 2022

EU Corruption: Who does the money belong to? First confessions?EU Corruption:

The corruption affair in the EU Parliament. Since Friday, Belgian law enforcement has arrested six suspects, two of whom have since been released. EU politician Eva Kaili, who is at the center of corruption investigations, says the huge amount of cash in her Brussels apartment does not belong to her or her partner but to a third party. Meanwhile, in house searches of several defendants, Belgian police in the Brussels region have seized nearly 1.5 million euros.
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Vice president of EU parliament Eva Kaili arrestedE
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December 12, 2022

EU Corruption: Bags Of Cash And A Criminal Organization!

It is indeed embarrassing for the EU! Last Friday, the Belgian police arrested Greek Socialist MEP Eva Kaili, one of 14 vice presidents of the European Parliament. On Sunday, it became known that the Belgian prosecutors formally charged Kaili and three others in a major investigation into an alleged illicit influence campaign by Qatar. Arrest warrants have allegedly been issued on suspicion of corruption, money laundering, and membership in a criminal organization.
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