Roger Ng convicted on all three counts: The jury convicted Ng of two counts of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) through bribery and circumvention of Goldman’s internal accounting controls, as well as one count of conspiracy to commit money laundering.
ExxonMobil (XOM.N) has suspended its liquefied natural gas project in Russia’s Far East, Interfax news agency quoted a Russian governor as saying on Monday, after the firm announced plans to quit the country following Western sanctions. ExxonMobil said last month it would exit its Russian oil and gas operations, which it had valued at more…
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S&P Global Inc violated Russian sanctions (E.O. 13662) by receiving payment from sanctioned Russian Rosneft. S&P didn’t voluntarily disclose the violation and received $82,500. They settled with OFAC for $78,750. Here’s the press release.
Germany shuts down servers for Russian darknet marketplace Hydra and seizes $25.2 million USD in Bitcoin. (WAPO) The illegal marketplace was a Russian-language Darknet platform that had been accessible via the Tor network since at least 2015. Their focus was on trading in illegal narcotics. In addition, data spied out worldwide, forged documents and digital…
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On 29 March 2022, Australia’s Minister for Foreign Affairs (the Minister) designated 39 individuals, including a number of Russian individuals engaged in serious corruption and human rights abuses, using the new powers set out in the Magnitsky sanctions amendments. Targeted financial sanctions and travel bans will apply to these persons from 30 March 2022. …
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History Nuclear weapons owned by the United States have been deployed in Europe since the mid-1950s, when President Dwight D. Eisenhower authorized their storage at allied North Atlantic Treaty Organization (NATO) bases on the continent for use against the Soviet Union. Though NATO officially declares itself a “nuclear alliance,” it does not own any nuclear…
Deutsche Bank AG fired a number of top bankers in New York after a tab run up at a strip club was expensed as legitimate business spending, according to people with knowledge of the matter. Ben Darsney, former Americas head of equity capital markets, Ravi Raghunathan, Brandon Sun and Daniel Gaona were fired after seeking…
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– Summary – Sanctioned by FCC March 25, 2022: AO Kaspersky Lab, China Telecom (Americas) Corp [0728.HK], China Mobile International USA [0941.HK] Previously Sanctioned by FCC: Huawei Technologies Co [HWT.UL], ZTE Corp [000063.SZ], China Telecom Americas (U.S. auth revoked in October 2021), Pacific Networks (U.S. auth revoked Mar 17, 2022), ComNet (U.S. auth revoked Mar…
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As the Russian invasion of Ukraine nears its fifth week, it has been shown that cryptocurrencies have helped Ukrainian refugees in more than one way after being forced from their homes. Crypto has made it possible for donations worth tens of millions of dollars to pour into the country while allowing some Ukrainians to take…
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