8 September 2019
INDIA: MONEY LAUNDERING CASE REGISTERED AGAINST ROLLS-ROYCE
The Hindustan Times on 8 September reported that also named in the case were Ashok Patni, director at Aashmore Private Limited, the Singapore-based company, and unnamed public servants. officials said on condition of anonymity. The case is said to have been registered as a money laundering case against engine-maker Rolls-Royce PLC and its subsidiary Rolls-Royce India Private Limited for making dubious payments in the form of commissions in return for contracts from 3 state-run Indian companies – Hindustan Aeronautics Limited (HAL), Oil and Natural Gas Corporation (ONGC) and GAIL India Limited.
AUSTRALIA: ASSAULT, DRUGS, FRAUD…BUT MAN STILL GOT HIS REAL ESTATE LICENCE
The Age on 8 September reported that former bankrupt Paul Pavlovski has convictions for assault, drug offences and fraud, but his criminal past has not prevented the 63-year-old from obtaining an estate agent’s licence and starting a property business with a bikie gang associate. It says that the decision by the Victorian Business Licensing Authority to grant a licence to Pavlovski reveals probity concerns about oversight of the state’s property industry, which has been damaged by a series of scandals involving rogue agents. The Age says that the authority was aware Pavlovski had been charged with fraud, when it granted him the estate agent’s licence in 2016.
ISLAMIC CELL FUNDING RADICAL IMAMS DISCOVERED IN ITALY
The Jerusalem Post on 8 September reported that 10 people had been arrested on charges of money laundering, terrorist financing etc. A small business owner of Tunisian origin is said to have accumulated €2 million to fund radical imams in Italy and abroad.
BASHIR TRIAL: EX-SUDAN LEADER HAD ‘KEY TO PALACE ROOM FILLED WITH MILLIONS IN CASH’
Sky News on 8 September reported on the ongoing trial of the deposed former President. His former office manager told the court that he was given more than €10 million cash to deliver to different parties in the ousted president’s final months of rule.
PAKISTAN FINES 10 BANKS FOR AML/CFT FAILINGS
On 8 September, Kenneth Rijock in his blog reported that the State Bank of Pakistan has imposed significant fines upon 10 private banks, alleging violations of AML/CFT and foreign exchange regulations.
UK: CONSULTATION PAPER ON VULNERABLE WITNESSES AND PARTIES
The Inner Temple Library reported on 5 September that the Courts and Tribunal Service had issued a consultation paper in August. Open for responses to 11 October, it seeks comments on 3 recommendations made by a committee established to consider the matter. It asks: are there issues in relation to vulnerable parties/witnesses in the civil courts which that have not been covered/adequately covered within the preliminary report; Do you agree with the proposed recommendations set out; and do you believe that there should be further or alternative recommendations?