[FBME:] A new bank of crooks and criminals
By John Berthelsen From Asia Sentinel Death on the street Another businessman named Alexander Perpilichny fled Russia in 2010, to hand Swiss prosecutors details of the alleged involvement of senior Russian officials in the Hermitage theft, only also to end…
International investment firm ordered shut in Bermuda
By John Berthelsen From Asia Sentinel Lebanese Saab brothers’ Bermuda unit closed by courts The Supreme Court of Bermuda has ordered the Bermuda arm of the controversial empire of the Lebanese Saab brothers liquidated following an investigation by KRyS Global,…
US Treasury rules FBME ‘still a money laundering concern’
BY THE GUARDIAN REPORTER From IPP media The US Treasury`s Financial Crimes Enforcement Network (FinCEN) has issued a final ruling confirming the Tanzanian-headquartered Federal Bank of the Middle East (FBME) as an institution of “primary money laundering concern.” The Bank…
