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Head of US FATF Delegation Summarizes FATF Meeting re Consultations on the Revision of AML/CFT Recommendations |
On December 14, 2011, Chip Poncy, Director, Office of Strategic Policy, Terrorist Financing and Financial Crimes, U.S. Department of Treasury, provided an overview on FATF developments during the... |
Bruce Zagaris |
28 |
2 |
2012-02-01 |
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U.S. Indicts Eight Former Siemens’ Executives and Agents in Alleged $100 Million Foreign Bribe Scheme Involving Argentina |
On December 13, 2011, the U.S. Department of Justice announced that eight former executives and agents of Siemens AG and its subsidiaries have been charged for allegedly engaging in a ten-year... |
Bruce Zagaris |
28 |
2 |
2012-02-01 |
Argentina, Germany, United States |
Bribery, Corruption, Foreign Corrupt Practices Act, Fraud, Indictment, Investigation |
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The Money Laundry: Regulating Criminal Finance in the Global Economy by J.C. Sharman (Cornell U. Press, 200 pp., 2011, ISBN 978-0-8014-5018-1) |
This work discusses anti-money laundering (AML) policies and their lack of impacting the level of crime. The book reviews the utility of the AML rules by the author posing as a would-be money... |
Bruce Zagaris |
28 |
2 |
2012-02-01 |
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Venezuela Deports Alleged Colombian Drug Kingpin to the U.S. |
On December 15, 2011, Venezuela deported Maximiliano Bonilla Orozco, an alleged drug kingpin, to the United States, where he is charged... |
Bruce Zagaris |
28 |
2 |
2012-02-01 |
Colombia, United States, Venezuela |
Drug Enforcement, Drugs & Trafficking, Extradition |
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Corruption Allegations Trigger Parallel Criminal and Civil Proceedings in UK and US |
On October 14, 2011, Britain’s Serious Fraud Office arrested businessman Victor Dahdaleh in the U.K. and charged him with corruption offenses relating to contracts for the supply of alumina from his... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Bahrain, Japan, United Kingdom |
Corruption, Economic Crimes, Financial Supervision, Fraud |
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Portuguese Court Denies U.S. Extradition Request of Alleged Plane Hijacker |
On November 17, 2011, the Court of Relation of Lisbon issued a decision, denying the extradition request of the United States government of George Wright. A U.S. citizen, Mr. Wright fled the U.... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Portugal, United States |
Extradition, Jurisdiction, Theft |
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Tunisia Will Extradite Gaddafi’s Prime Minister to Libya |
Al-Baghdad Ali al-Mahmoudi, the former Libyan prime minister under ex-Libyan leader Muammar Gaddafi, can be extradited to Libya, a Tunisian court ruled November 8, 2011. Mahmoudi, who was a key... |
Andrew Baskin |
28 |
1 |
2012-01-01 |
Libya, Tunisia |
Crimes against Humanity, Extradition, Human Rights, International Law |
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G20 Agrees to Actions on Tax, Money Laundering, and Corruption Enforcement |
On November 4, 2011, the G20 leaders took action to strengthen enforcement cooperation in tax, money laundering, and corruption areas. |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
China, Europe, Russia, United States, World |
Money Laundering, Policy/Directives, Regulation, Tax Enforcement |
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Trinidadian Court Denies U.S. Extradition on Piarco Airport Case |
On November 7, 2011, a Trinidad and Tobago court issued a 57-page judge, denying extradition to the U.S. of businessmen Ishwar Galbaransingh and Steve Ferguson on charges concerning corruption on the... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Trinidad & Tobago, United States |
Corruption, Extradition, Money Laundering |
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Libyan Government, ICC, Discuss Gaddafi Trial |
On November 19, 2011, Saif al-Islam Gaddafi, the son and former heir apparent to ex-Libyan dictator Muammar Gaddafi, was captured near the border between Niger and Libya by forces loyal to the... |
Andrew Baskin and Bruce Zagaris |
28 |
1 |
2012-01-01 |
Libya |
International Criminal Court, International Law, Jurisdiction, Prisoner Rights, Trial |
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European Commission Launches a Public Consultation in the Field of Detention |
On June 11, 2011, the European Commission published a Green Paper on the application of EU criminal justice legislation in the field of detention[1] among the different Member States. The Green Paper... |
Ignacio Martinez-Arrieta |
28 |
1 |
2012-01-01 |
European Union |
Detention, European Commission, Human Rights, Prisoner Rights, Theft |
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EU Justice and Home Affairs Acts on a Number of Fronts |
On November 8-9, 2011, the Justice and Home Affairs Council of the European, holding its 3043rd Council meeting, took action on several important enforcement and criminal justice issues.[1]... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
European Union |
Administration of Justice, Border Security, Council of the European Union, Counter-terrorism, Criminal Procedure/Proceedings, Cross-Border Communication, Detention, European Union, Investigation, Jurisdiction |
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Seychelles Court Condemns Attempted Attack by Somali Pirates |
On October 12, 2011, the Supreme Court of Seychelles convicted eleven Somali nationals accused of piracy and attempting to commit piracy against another ship, the Draco, a Seychelles-flagged ship... |
Ignacio Martinez-Arrieta |
28 |
1 |
2012-01-01 |
Seychelles, Somalia |
Detention, Piracy, Trial |
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Cooperation Arrangement signed between the European Anti-Fraud Office (OLAF) and the World Bank's Integrity Vice-Presidency (INT) |
On November 8, 2011 the European Anti-Fraud Office (OLAF) and the World Bank's Integrity Vice-President (INT) signed in Brussels a Cooperation Arrangement towards enhanced cooperation between the two... |
Ignacio Martinez-Arrieta |
28 |
1 |
2012-01-01 |
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Dictator’s Son Faces Asset Seizures in U.S. |
The Justice Department recently filed several civil forfeiture complaints in an attempt to seize valuable assets in the United States belonging to Teodoro Nguema Obiang Mangue, a minister of... |
Andrew Baskin |
28 |
1 |
2012-01-01 |
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European Commission Proposes Initiative on Tax Havens, Uncooperative Jurisdictions and Tax Evasion |
On November 16, 2011, the European Commission issued a communication proposing an initiative against tax havens, uncooperative jurisdictions, tax avoidance and tax evasion.1 According to European... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Europe |
European Commission, European Union, Jurisdiction, Tax Havens |
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UN Security Council Renews Call to Establish Courts to Deal with Somalian Piracy |
On October 24, 2011, the United Nations Security Council adopted resolution 2015, calling on governments and international organizations to consider further the establishment of specialized anti-... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Mauritius, Seychelles, Somalia, Tanzania |
International Law, Piracy, Prosecution, United Nations |
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British Appellate Court Affirms Assange’s Extradition to Sweden |
On November 2, 2011, the British Appellate Court affirmed the extradition of Julian Assange to Sweden. Although Mr. Assange can appeal once more, it is becoming more likely that Britain... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Sweden, United Kingdom |
Extradition, Investigation, Jurisdiction |
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Switzerland: New Standards on the Exchange of Tax-Related Information |
In the spring of 2009 the names and account information of 285 US citizens holding undeclared accounts with UBS in Switzerland were handed over to the US tax authorities. At the same time, judicial... |
Sandrine Giroud and Simone Nadelhofer |
28 |
1 |
2012-01-01 |
European Union, Switzerland, United States |
OECD, Offshore Banking, Sovereignty, Tax Crimes, Tax Enforcement, Tax Havens |
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Egyptians Press Money Laundering and Corruption Cases Against Mubarak’s Sons and Former Close Aide |
On October 17, Assem al-Gohary, a senior Egyptian Justice Ministry official, said that Swiss authorities are investigating whether Alaa Mubarak, son of former Egyptian President Mubarak, was... |
Bruce Zagaris |
28 |
1 |
2012-01-01 |
Egypt, Switzerland |
Asset Seizure, Corruption, Freezing of Assets, Money Laundering |