Day: October 13, 2019

13^th October 2019

US COMPANY SUPPLYING TEAR GAS TO HONG KONG POLICE FACES MOUNTING CRITICISM
Channel News Asia on 12^th October reported that Pennsylvania-based NonLethal Technologies is selling riot gear to Hong Kong that is being used against protesters.
https://www.channelnewsasia.com/news/world/hong-kong-police-tear-gas-us-company-supplying-nonlethal-11994148

SOUTH AFRICA SPEEDS UP EXTRADITION TREATY AFTER US SANCTIONS ON GUPTA BROTHERS

IOL on 12^th October reported that the Department of Justice confirmed that Minister Ronald Lamola had requested the UAE to finalise the ratification of 2 treaties concerning mutual legal assistance and extradition.  The Justice Department confirmed it had issued requests to finalise the ratification for mutual legal assistance from India, Canada, Switzerland, Mauritius, Hong Kong, China and the UAE.

https://www.iol.co.za/ios/news/now-sa-speeds-up-extradition-treaty-after-us-sanctions-on-gupta-brothers-34748009

INDIA: ASSETS OF BHUSHAN POWER AND STEEL SEIZED IN MONEY LAUNDERING CASE

On 13^th October, ZeeBiz reported that properties of BPSL had been “attached” by the Enforcement Directorate in connection with allegations that it had siphoned off funds obtained as loans from various banks and financial institutions.

https://www.zeebiz.com/companies/news-money-laundering-big-setback-rs-4025-cr-assets-of-bhushan-power-and-steel-attached-check-investigative-revelations-112378

UKRAINE: PROSECUTORS REVIVE CASE AGAINST YANUKOVYCH’S JUSTICE MINISTER

On 13^th October, the Kyiv Post reported that the Prosecutor General’s Office has revived a corruption case against ex-President Viktor Yanukovych’s Justice Minister Olena Lukash after it had been dormant for years.  She was the Cabinet’s chief of staff in 2012-2013 and the justice minister in 2013-2014.

https://www.kyivpost.com/ukraine-politics/prosecutors-revive-case-against-yanukovychs-justice-minister.html

PRE- AND POST ON-SITE VISIT PROCESS FOR FATF-STYLE REGIONAL BODIES

This diagram shows the ongoing prior and follow-up process from the perspective of CFATF.

https://www.cfatf-gafic.org/

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Private Eye has continued its investigation into souvenir shops in London which it says has revealed a “hotbed” of tax and accounting fraud, and has now apparently uncovered indications of something more troubling still: that much of the business is a launderette for illicit money from Afghanistan.  It says that this would explain why shops that cost a fortune to rent in prime West End locations exist for years despite a dearth of customers looking to buy what, since the Afghan networks took over the business a decade ago, has become increasingly poor-quality merchandise.

https://www.private-eye.co.uk/sections.php?section_link=in_the_back&issue=1504

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

On 10^th October, Global Witness published a report saying that it has obtained strong evidence of high-level corruption relating to 4 of the Italian oil giant licences in the Republic of Congo.  The revelations come, it says, as Eni faces corruption probes into its business in multiple countries and call into question the company’s business model and connections to power across the world.

https://www.globalwitness.org/en-gb/campaigns/oil-gas-and-mining/spotlight-sharpens/

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y