ZURICH (Reuters) - Three organisations have filed a criminal complaint to federal prosecutors in Switzerland, alleging possible money laundering and a.
Five years ago, on 26 January 2017, former Gambian Interior Minister Ousman Sonko was arrested in Switzerland, suspected of crimes against humanity. Five years after, he is still in pre-trial detention in the Alpine country. Why is it taking so long to complete investigations?
Switzerland AG drops decade-old Russia money laundering investigation jurist.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jurist.org Daily Mail and Mail on Sunday newspapers.
World’s Largest Oil Traders Caught In Global Corruption Scandal Over the past two years, some of the world s largest oil traders have become the envy of many smaller traders for managing to pull some outlandish profits amid one of the worst oil crises in history. These traders, including Big Oil companies and independent traders, have been doing a rip-roaring business ostensibly by following Warren Buffett s mantra of being greedy when others are fearful and having access to esoteric resources such as giant underground storage caverns.
But, alas, it appears that some players have been gaining the upper hand on the market mainly through underhanded deals. Indeed, Vitol Group, the world s largest oil trading firm, has just agreed to pay $164 million in fines and disgorgement by the DOJ and CFTC for oil bribes in Brazil, Mexico, and Ecuador. Further, Vitol has been slapped with penalties by the CFTC for attempting to manipulate two S&P Global Platts physical oil benchma