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
The Clinton Foundation is facing renewed allegations of financial misconduct, including money laundering and misuse of funds, despite denials from Hillary and Chelsea Clinton. Wall Street analyst Charles Ortel insists there are
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Johnson & Johnson, one of the world’s largest pharmaceutical giants, is facing increasing scrutiny over a series of major scandals, which include selling cancer-causing products, fueling the opioid crisis, and illegally marketing
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Former U.S. President Donald Trump has raised alarming claims regarding billions of dollars being misused within the U.S. Agency for International Development (USAID), accusing it of paying for positive media coverage of
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The UK government is moving to tighten controls on university franchising arrangements in a bid to address fraudulent practices that have exploited the student loan system. As reported by the Financial Times,
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Pakistan is set to request the extradition of billionaire property tycoon Malik Riaz Hussain from the United Arab Emirates, signaling a significant move against a powerful businessman tied to the jailed former
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by A Special Correspondent in Colombo The Colombo District Court, presided over by Judge Sandun Withanage, extended the enjoining order against Barrington Global (Pvt) Ltd. on January 21, 2025, in connection with
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Oleh Druz, the chief psychiatrist of Ukraine’s armed forces, has been arrested on suspicion of corruption as part of an investigation into bribery and military service exemptions. Druz, who was responsible for
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The world’s billionaires have seen their wealth skyrocket by a staggering $2 trillion (£1.64 trillion) in 2024, a growth rate three times faster than the previous year, according to Oxfam’s latest inequality
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Nathan Anderson, the activist short seller who rattled global markets with explosive reports on companies like India’s Adani Group, Nikola, and Super Micro, has announced the closure of his firm, Hindenburg Research.
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Tulip Siddiq, the UK Treasury’s Economic Secretary, is facing renewed scrutiny over her links to properties worth approximately £4.5 million ($5.5 million), connected to allies of her aunt, Sheikh Hasina, the former
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In South Africa’s old mining heartland, a dramatic rescue unfolded this month in the Buffelsfontein gold mine, a site abandoned decades ago but still rife with danger. A Mozambican miner, weak and
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A recent audit by the National Audit Office has uncovered serious mismanagement of media equipment valued at Rs. 1.42 billion, procured for the Presidential Media Division (PMD) between 2015 and 2020. Cameras,
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UK City Minister Tulip Siddiq is facing questions over alleged involvement in a corruption scandal tied to her aunt, former Bangladeshi Prime Minister Sheikh Hasina. Bangladesh’s Anti-Corruption Commission (ACC) is investigating claims
More This story has been updated with additional details as of 14 December 2024. We would like to issue a correction regarding our earlier report on Barrington Global Company. The Colombo District Court
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by Our Political Affairs Editor Among Sri Lanka’s self-proclaimed “intellectuals,” few figures have stirred as much intrigue and scepticism as Dr Ashoka Sapumal Ranwala, a prominent member of the National Executive Committee
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