All posts tagged "Bribery"
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108AML / KYCCredit Suisse Settles Charges Over Mozambique ‘Secret Debt’
Transactions that raised over $1bn were used to "perpetrate a hidden debt scheme", pay kickbacks to investment bankers, and bribe government officials.
October 20, 2021 -
120ChinaEx-CBIRC Official Took Bribes During Baoshang Takeover – Report
Li Guorong is accused of taking bribes from entrepreneurs while serving as deputy head of a team appointed to take over Baoshang Bank.
September 30, 2021 -
189AML / KYCChina Targets Corruption with New Supervision Law
Supervisors are asked to crack down on the use of offshore companies and underground banks to transfer illegal income and property involved in duty-related crimes.
September 25, 2021 -
137ChinaChina: Ex-Citic Group Executive Gets 18 years Jail for Bribes
Zhao Jingwen was sentenced to 18 years in prison and fined CNY 3.2 million for embezzlement and receiving CNY 5.5 million in bribes.
September 24, 2021 -
279AML / KYCBasel AML Index Calls Out Ineffectiveness Across Jurisdictions
Areas of AML/CFT policy that urgently need more attention are virtual assets, implementation effectiveness, beneficial ownership, and DNFBPs.
September 22, 2021 -
238EnforcementHong Kong ICAC Charges Ex-HSBC Banker for Accepting Bribes
The bribes were paid as an inducement to or reward for the ex-banker to conceal the identity of the ultimate controller of two SMEs that obtained loans from HSBC.
September 9, 2021 -
112AML / KYCCCDI Reveals Details of Corruption in China’s Rural Credit System
Two of the most prominent and well-documented corruption cases disclosed by the CCDI were found at rural credit unions in Anhui and Yunnan.
August 19, 2021 -
183EnforcementFormer HKEX Exec Pleads Not Guilty to Corruption Charges
The former co-head of HKEX's IPO-vetting team, Eugene Yeoh, was arrested in June 2019 for alleged bribery and misconduct in public office.
August 11, 2021 -
133EnforcementHong Kong ICAC Charges Securities Brokers for Bribery
Two securities brokers accepted commissions to arrange for their clients to use a futures trading programme provided by a software company.
August 8, 2021 -
151AML / KYCUS DOJ Repatriates Additional $452bn in 1MDB Funds to Malaysia
The total funds belonging to 1MDB that have been returned to date amount to over $1.2bn, the DOJ said in a statement.
August 8, 2021
