A collaborative investigation has found the specific offshore companies used to route into a Trump-branded property more than $3 million linked to a massive fraud case in Kazakhstan.
For years, journalists — and reportedly even federal investigators — have pored over U.S. President Donald Trump’s business deals for signs that criminals and their dirty money may have entered his orbit.
The president urged businesspeople to repatriate offshore funds, but his relatives seem to be disregarding the call.
As former grand slam champ Boris Becker finds himself embroiled in a diplomatic dispute, we give you a who's who of the criminal and corrupt abusing ambassadorial powers to evade the law.
Former Malaysian prime minister Najib Razak says he shouldn't be blamed for the multi-billion-dollar 1MDB scandal, and declares he knows nothing about money from the state fund appearing in his personal account.
Najib Razak at the Malaysian Anti-Corruption Commission headquarters on May 24. Photographer: Joshua Paul/Bloomberg
Malaysia’s new government has wasted no time training its sights on 1MDB, the scandal-ridden state investment company that’s spurred criminal and regulatory probes around the world.
An electoral tsunami swept away Malaysian Prime Minister Najib Razak, ending 60 years of rule by the United Malays National Organization, UMNO. The outcome was welcomed at home as well as abroad – viewed as a democratic system asserting itself against corruption and erosion of the rule of law and perhaps presaging the decline of race-based politics.
Kazakhstan’s government is asking an appeals court to throw out a decision that allowed BNY Mellon to freeze about $22 billion of assets in the country’s oil fund as part of a dispute over an unpaid arbitration award.
Earlier this month, the UK’s parliament backed a change to legislation that would force the government to push offshore tax havens to boost transparency in an effort to tackle corruption and money laundering. Without much enthusiasm, the government has announced not to oppose a cross-party amendment, writes Bill Wirtz.
Malaysian police said on Friday that cash worth 114 million ringgit ($28.6 million) and over 400 luxury handbags were seized from several apartments as part of an anti-graft probe into a state fund founded by former premier Najib Razak.
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