Singapore has raised more than S$1.1 million (US$862,000) from the first auction of luxury goods seized in the country’s S$3 billion (US$2.35 billion) money laundering case, with intense competition for handbags and
India’s competition regulator has found that leading steel producers, including Tata Steel, JSW Steel, state-run SAIL, and 25 other firms, breached antitrust laws by colluding on steel prices, according to a confidential
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The overthrow of President Nicolas Maduro has cast a harsh spotlight on Venezuela’s mounting debt crisis, now one of the world’s largest unresolved sovereign defaults. With total external liabilities estimated between $150
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Swiss authorities have moved swiftly to freeze assets belonging to Venezuelan leader Nicolas Maduro and his close associates, following his arrest by U.S. forces in Caracas and subsequent transfer to the United
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The U.S. Department of Justice has formally indicted Venezuelan President Nicolás Maduro and his wife, Cilia Flores, in the Southern District of New York, Attorney General Pamela Bondi announced on Twitter. Maduro
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China has expelled three top-ranking military officers from the National People’s Congress, marking the latest developments in an ongoing anti-corruption campaign within the People’s Liberation Army. The Standing Committee of the NPC
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A Malaysian high court on Friday found former Prime Minister Najib Razak guilty on multiple charges linked to the multibillion-dollar 1Malaysia Development Berhad (1MDB) corruption scandal, marking another major legal blow for
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China has sentenced Li Gang, a former senior anti-corruption inspector, to 15 years in prison for accepting more than 102 million yuan ($14.44 million) in bribes, state broadcaster CCTV reported on Wednesday.
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The Delaware court’s default judgment stems from Raveendran’s refusal to cooperate with discovery efforts and repeated failures to attend hearings, according to court documents reviewed by the Financial Times. Earlier this year,
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Singapore police have carried out one of the country’s most sweeping financial crime operations in years, confiscating hundreds of millions of dollars in assets — including luxury cars, a yacht and extensive
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Former Sri Lankan Finance Minister Ravi Karunanayake has raised serious concerns about the government’s planned purchase of 1,775 double cab vehicles, claiming the acquisition is being conducted outside the prescribed international tender
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Last Christmas, the tanker Yug left the Chinese port of Qingdao after offloading 2 million barrels of Iranian oil under sanctions. In the icy waters near the Arctic, another vessel carrying Russian
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A Manhattan jury has ordered BNP Paribas to pay more than $20 million in damages to three Sudanese refugees, in a landmark case examining the bank’s role in facilitating the financial operations
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On the outskirts of Manila lies a largely empty stretch of land that became the center of a financial whirlwind when Manuel Villar, the Philippines’ richest man, moved it between companies in
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Deutsche Bank (NYSE:DB) Chief Executive Officer Christian Sewing is facing a multimillion-pound lawsuit brought by former employees who claim that a flawed internal audit, overseen during his tenure as chief auditor, damaged
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Billionaire Gautam Adani’s attempts to resolve US fraud charges against him have stalled, prolonging a regulatory overhang that has hindered the Adani Group’s global expansion, Bloomberg reported, citing people familiar with the
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