Banking and Finance

Schweizer Bank: Belgien wirft UBS Steuerhinterziehung und Geldwaesche vor

The Belgian courts investigates against the Swiss bank UBS for serious and organized tax evasion and money laundering.

26/02/16

Corruption Problem:

Money Laundering

Tax Evasion

Sector:

Banking and Finance

Read more about Schweizer Bank: Belgien wirft UBS Steuerhinterziehung und Geldwaesche vor

Fr?herer BayernLB-Chef: Ex-Banker Gribkowsky kommt vorzeitig frei

He collected $ 44 million bribe from Formula 1 boss Bernie Ecclestone and was sentenced for that. Now the ex-board member of the bavarian federal state bank Gerhard Gribkowsky gets precociously discharged from prison.

08/02/16

Corruption Problem:

Sector:

Read more about Fr?herer BayernLB-Chef: Ex-Banker Gribkowsky kommt vorzeitig frei

Drohende ?berschuldung: Finanzaufsicht schlie?t Bank in Frankfurt

Federal Financial Supervisory Authority closes the German subsidiary of the Canadian Maple Bank because of threatened insolvency. Last September, there had been searches in connection with allegations of large-scale tax evasion and money laundering.

07/02/16

Corruption Problem:

Money Laundering

Tax Evasion

Sector:

Banking and Finance

Read more about Drohende ?berschuldung: Finanzaufsicht schlie?t Bank in Frankfurt

Francij? naudas atmazg??anas liet? aps?dz?bas ar? ?Rietumu bankai? un t?s prezidentam

There has been raised charge for the help of money laundering against the "West Bank" (Rietumu Banka) and its President Aleksandrs Pankovs in the extensive criminal case that has been already brought to French Prosecutor's Office. The main defendant in this case is the former executive of the company Nadavs Bensusāns who is also recognized as the "offshore king" in France.

17/04/16

Corruption Problem:

Money Laundering

Sector:

Banking and Finance

Read more about Francij? naudas atmazg??anas liet? aps?dz?bas ar? ?Rietumu bankai? un t?s prezidentam

FKTK priekšsēdētājs: Bankas sodīšana ir galējais līdzeklis

The Parliament of Latvia (Saeima) is currently reviewing the final reading of prepared amendements of the law that requires to increase penalties of offenses related to the use of money laundering in the financial system.

14/05/16

Corruption Problem:

Fraud

Sector:

Banking and Finance

Read more about FKTK priekšsēdētājs: Bankas sodīšana ir galējais līdzeklis

Lietā par naudas atmazgāšanu Belokoņam piederošajā bankā notikusi kratīšana

There has been a performed raid by the Economic Police involving special forces "Omega" in the "Baltic International Bank" in Riga, Old Town. The bank is owned by Valērijs Belkoņs. Investigators confirmed that the raid has been carried out regarding criminal proceedings of money laundering in a group.

17/05/16

Corruption Problem:

Misuse of Public Position

Money Laundering

Sector:

Banking and Finance