Category: Corruption
Former Goldman Banker Ng Found Guilty in 1MDB Fraud Scheme
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 suspends Russian Far East LNG project, Interfax reports
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 than $4 billion, and halt…
#S&P Global transacted with sanctioned #Rosneft, took 82k payment & settled for 78k with #OFAC
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.
Hydra market taken down by German police and sanctioned by U.S.
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 services were offered profitably via…
Justice Department Files False Claims Act Complaint Against 2 Lab CEOs, Hospital CEO and Others
The Justice Department has filed a complaint against two laboratory CEOs, one hospital CEO and other individuals and entities, alleging False Claims Act violations based on patient referrals in violation of the Anti-Kickback Statute and the Stark Law, as well as claims otherwise improperly billed to federal healthcare programs for laboratory testing. According to the United States’ complaint, laboratory executives…
New Interpol boss Nasser Al-Raisi investigated in France for ‘torture’ and ‘barbarism’
The new president of Interpol has been placed under investigation in France over allegations of “torture” and “acts of barbarism”. Ahmed Nasser Al-Raisi has been accused by an NGO of mistreating one of the main opponents of the Emirati regime. France’s anti-terrorism prosecutor’s office (Pnat) has opened a preliminary investigation, AFP sources reported on Friday. Al-Raisi was only appointed Interpol’s…
Deutsche Bank Fired Senior Bankers Over Strip Club Bill
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 reimbursement for a restaurant visit,…
Watch: NATO activates chemical and nuclear defense elements
Ukraine, media falsely report that Jewish Babyn Yar memorial was bombed by Russia
As reported by Times of Israel and X, Ukranian President Zelensky said that “Uman was brutally bombed where hundreds of thousands of Jews come every year to pray,” referring to the Hasidic pilgrimage site in central Ukraine. “Then Babyn Yar, where hundreds of thousands of Jews were executed.” And despite reports, the rocket that damaged the Kyiv TV tower did not…
Sanctions Updates: Russia
Feb 26, 2022. (3:31 a.m. CET) SWIFT Preparing to Comply With Russian Measures “We are engaging with European authorities to understand the details of the entities that will be subject to the new measures,” the organization said in an email. “We are preparing to comply upon legal instruction.” Feb 26, 2022. (2:12 a.m. CET) Elon Musk Activates Starlink Satellites for…
Governments ill-Informed on how to Inject Covid-19 Vaccine
Why are governments not requiring this safety precaution, which is easy to implement and has been shown in peer reviewed studies to defend against life-threatening repercussions? The precaution is known as ‘aspiration’ and consists in drawing back on the plunger once the needle has been inserted to see if any blood returns into the syringe, also clearly explained here by…
CIA Still Spying on Americans Despite Legal Ban
The CIA is still carrying out its own bulk surveillance program in the United States despite a legal ban on the agency carrying out domestic operations.
Credit Suisse Leak: Suisse Secrets
An anonymous whistleblower leaked a scandalous trove of banking data to a German Newspaper. 48 media companies from all over the world analyzed the contents of the Suisse Secrets data leak and the findings show that instead of conducting the required due diligence in screening potential clients, Credit Suisse accepted clients who are known to be “corrupt autocrats, suspected war criminals, human traffickers, drug dealers and other criminals.”1
A human trafficker convicted in the Philippines and an Egyptian murderer are also included in the data, as are cardinals allegedly involved in shady dealings and the former Siemens manager Eduard Seidel, who was convicted of bribery in 2008.
RGE – Sukanto Tanoto et al.
Indonesian Paper and Palm Oil Tycoon Secretly Bought Historic Munich Building for 350 Million Euros.
Tanoto’s companies have been accused of causing widespread deforestation in Indonesia, human rights abuses, and a plethora of questionable profit-shifting practices that have deprived Indonesia of hundreds of millions in tax revenues.
Tanoto’s son, Andre, also bought an iconic building in Düsseldorf for a little under 50 million euros at around the same time, using a similar secret Luxembourg corporate structure.