TD Bank could face more severe penalties after drug money laundering allegations, says analyst

TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank of Canada analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD … Read more

Sharjah police arrest 551 drug traffickers since Jan 2023

Abu Dhabi: The Sharjah Police’s anti-drug forces have arrested a total of 551 drug traffickers and promoters from January to November this year. The department seized 1,051,000 kg of hashish, heroin, crystal meth, and other psychotropic substances, with a value of 104,117,446 dirham (Rs 2,35,84,74,791). Sharjah Police’s Major General Saif Al Zari Al Shamsi revealed … Read more