Jonathan Browning, Bloomberg News The Danske Bank A/S headquarters in Copenhagen. The Danish bank is under investigation for its role in laundering money. , Bloomberg
(Bloomberg) When U.K. authorities began investigating wealth belonging to a politically-connected Azerbaijani family, their suspicions were triggered by a raft of âbrass plateâ companies that funneled more than double the amount of the coupleâs stated income.
Almost 14 million pounds ($19.3 million) was routed into British bank accounts controlled by Suleyman Javadov, the son of a former deputy energy minister, and his wife. Among the 21 companies that moved their wealth was Rovers Production and Tourism Ltd., which chartered a private jet to fly female models to the Spanish party island of Ibiza. Another firmâs accounts were managed by an individual who appeared to be a dentist living in Belgium.
London couple s high life sheds light on Azerbaijani laundromat businesslive.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesslive.co.za Daily Mail and Mail on Sunday newspapers.
How signatures in public data helped expose the UK’s dirty money cottage industry
Combining public data with leaked FinCEN reports, ICIJ’s data team plotted a matrix of shadowy straw men who filed false accounts worth more than $4.5 billion. February 10, 2021
Deep inside the FinCEN Files, a cache of more than 2,600 secret documents, lies a data story within a data story.
Early in 2020, while the world was gripped by a deadly pandemic, the ICIJ data team was digging into the accounts of hundreds of shell companies filed with Companies House, the United Kingdom’s company registration office.
This foray into public data was part of ICIJ and BuzzFeed News’ FinCEN Files investigation, which would eventually expose how some of the world’s biggest banks were at the center of a sprawling global money laundering industry. Reporting by more than 100 media partners showed how trillions of dollars of suspicious wire funds flowed through the banks, sometimes years before
Niger ‘scandal of the century’ exposed in FinCEN Files sparks lawsuit demanding action
Publisher Moussa Aksar was targeted as his reporting on millions in disappearing defense spending was submitted in a request to force a government inquiry. Journalist Moussa Aksar stands at the entrance to his newspaper, L’Evenement, in Niger.
English front companies allegedly siphoned millions of dollars from Niger, one of the world’s poorest countries, in a military procurement scandal that has engulfed the country and sparked lawsuits.
Last year, journalists in Niger obtained a confidential audit from the country’s ministry of defense that alleged up to $120 million in defense spending had disappeared from the West African country, often into tax havens and bank accounts controlled by unknown owners.