Security authorities in the Dominican Republic have deported a French national, boss of a network accused of laundering money coming from drug trafficking activities between Spain and Morocco. The French, Michel Pierre Vincent Loubet, had been arrested last week alongside four other Spanish nationals in the northern part of the Central American country. The operation…
In a statement on Saturday, Eze said the former president did not ask for or receive any bribe in regards to the controversial OPL 245 oil deal. Documents reportedly filed at a London court by the federal government had claimed Jonathan and Diezani Alison-Madueke, his former minister of petroleum resources, broke the law for making a…
Reuters reported that Brazil’s Ministry of Agriculture officially banned three laboratories from conducting food inspections over their involvement in a food safety testing scandal that ensnared meatpacker BRF SA, according to decisions published in the official government gazette on Wednesday. The three laboratories run by Merieux NutriSciences Corp in Brazil, which performed testing on BRF products,…
According to the report, the Bank of Italy is joining other central banks in creating investment criteria that reward green actions in an effort to get banks and money managers to be more environmentally friendly. By the end of June, the new criteria will apply to about $8.9 billion in shareholdings. It will be extended to…
Luxury jewellery, designer fashion and perfume worth a combined £16m were bought from Harrods by a woman who has been hit with the UK’s first unexplained wealth order. Zamira Hajiyeva blew £600,000 in a single day at the London department store as part of a decade-long spending spree there, splashing out £30,000 on chocolates in one afternoon. The 55-year-old spent…
A recent survey commissioned by Shred-it, one of the UK’s leading information security companies and a Stericycle solution, has revealed a positive understanding and engagement with the principles of GDPR among SMEs on its first anniversary. The findings show that 72% of UK SMEs report being ‘very aware’ of its requirements. However, 60% reported that the…
A little over a year ago, amid the global furor over revelations that terrabytes of ostensibly personal Facebook data had been harvested by now defunct U.K. political consulting firm Cambridge Analytica, Process Nerd mused — somewhat presciently, as it turned out — over what, exactly, might happen if the House ethics committee decided they needed to hear…
Highly unusually, a North Korean dictator and a global human rights body may find themselves on the same page regarding the corruption that is endemic across the deeply isolated and impoverished nation. On Tuesday, the UN Humans Rights Office released a 43-page report, “The price is rights: The violation of the right to an adequate standard…
While it has all the hallmarks of transnational organised crime, the illegal wildlife trade continues to be viewed as being outside ‘mainstream crime’. Frequently linked to other forms of serious crime such as fraud, corruption and money laundering, the illegal wildlife trade generates an estimated US$20 billion annually and is the fourth most profitable criminal trafficking enterprise…
The news, for Chinese telecom giant Huawei, keeps getting worse. While the United States has outright banned the company from future government work, the United Kingdom has been more accepting of the fact that many of the underlying flaws in Huawei’s devices and code are fixable. The UK established the Huawei Cyber Security Evaluation Centre…