March 7, 2021

UK ‘ignoring flood of dirty Russian cash’

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By Ian Drury Home Affairs Correspondent For The Daily Mail UK Millions ‘being laundered through British banks but authorities refuse to investigate’ Campaigner said Russian crime lord of laundering £20m of stolen funds Russian with ‘links to the Kremlin’ splashed out on jets, yachts, school fees UK authorities allegedly ignored calls to act, despite evidence […]

U.K. Serious Fraud Office enters first deferred prosecution pact, with ICBC Standard Bank

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By Sue Reisinger, From Corporate Counsel ICBC Standard Bank on Monday agreed to pay $36.9 million in a global settlement with the U.S. and U.K. governments over a bribe paid to secure business with the Tanzanian government. The settlement marked the first time that the U.K.’s Serious Fraud Office (SFO) used a deferred prosecution agreement […]