Monday, August 18, 2014

Tarique's Acquittal In Money Laundering Case

ACC to appeal

 

 The Anti Corruption Commission is likely to file an appeal with the High Court within this week challenging a lower court verdict that acquitted Tarique Rahman, in a money laundering case involving Tk 20.41 crore.
In the appeal, the ACC will pray to the High Court to convict Tarique, elder son of BNP Chairperson Khaleda Zia, on the laundering charge.
A Dhaka court on November 17 acquitted Tarique, who is now in London for treatment, of the charge though it sentenced his business partner, Giasuddin Al Mamun, to seven years in prison and fined him Tk 40 crore in the same case.
A counsel for the ACC who has drafted the appeal said the lower court has not fully considered the statement made by Debra Laprevotte, a supervisory special agent of the Federal Bureau of Investigation of the USA, before it.

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Mafia leader arrested in Dubai - Italian New Job


Other mafia members linked to Ndrangheta were previously arrested by authorities in France and Italy (Courtesy of France 24)

A reputed Italian mafia boss wanted on charges of money laundering was arrested in Dubai. He didn’t appear to be contacted.


The Mafia arrested in Dubai. Mafia boss wanted by Interpol for committing crimes in Italy including theft, extortion and money laundering has been arrested at Dubai International Airport, a top police official said.
Police said Interpol had issued a red notice against the Italian defendant, which meant he could be arrested in any country he entered.
The mafia boss, identified as Amedeo.J.R., was apprehended at Dubai airport last month after coming in on a flight from the Seychelles.
Lieutenant General Dahi Khalfan Tamim, Chief of Dubai Police and Deputy Chairman of Police and General Security, told Gulf News the suspect is known as the boss of a mafia gang called ‘Ndrangheta’ in Italy’s rural region of Calabria.




Money Laundering


Image result for Mikhail Khodorkovsky

Mikhail Khodorkovsky, jailed in Russia on money-laundering charges, warned of a looming political crisis in the country. An interview with him is here. Will he ever be freed? (Financial Times sub req, Financial Times sub req, Global Post)
Mikhail Borisovich Khodorkovsky is a Russian businessman andformer oligarch, as well as philanthropist, public figure and author. In 2003 Khodorkovsky and Roman Abramovich were jointly named as Person of the Year by Expert
 



The Segezha prison colony where Khodorkovsky is currently held
Mikhail Khodorkovsky a criminal before and now a billionaire.

Ghostwriting Rulings


 http://blogs.wsj.com/riskandcompliance/2013/10/25/corruption-currents-from-ghostwriting-rulings-to-decaying-trucks/


Chevron blame for pollution due to oil exploration by a ghost writer who play Robin Hood.

 

"Corruption Currents: From Ghostwriting Rulings to Decaying Trucks".

Bribery:

A former Ecuadorean judge testified at a trial in New York that he ghost-wrote rulings for another judge who ordered Chevron Corp.CVX +0.16% to pay $19 billion to villagers whose land had been polluted by oil exploration. Chevron accuses a U.S. lawyer of bribing the judges to win the award for the villagers. (Reuters)

The bribery and corruption trial of former New Orleans Mayor Ray Nagin was delayed. (New Orleans Times-Picayune)

The Diebold Inc.DBD +1.90% FCPA settlement implicated three Indonesian state-owned banks, but it didn’t name them. (Jakarta Post)

NCR Corp.NCR +2.31% released earnings Thursday and said it spent $1 million for the quarter on an investigation into potential FCPA and sanctions violations.

 

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