Corruption

Nóos Case

A case of alleged corruption in Spain, also known as the Babel operation. It started in 2010 when the leaders of the Nóos Institute, Iñaki Urdangarin (husband of Spanish royal Cristina de Borbón), then Duke of Palma de Mallorca, and his former associate Diego Torres, were accused of corruption. They were accused of embezzlement, perverting the course of justice, and money laundering.

Libor Rate Rigging Case

The Libor is an average interest rate calculated through submissions of interest rates by major banks in London. The case arose when it was discovered that banks were falsely inflating or deflating their rates so as to profit from trades, or to give the impression that they were more creditworthy than they were

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