In relation to other ill-gotten gains, sometime in November 2018, Lai gave Phua an ATM card and pin number to an OCBC account which belonged to a third party. Lai then instructed Phua to make multiple withdrawals over a few days and to “withdraw as much money as possible”, said DPP Ong. In total, Phua … Read more
Police in Shanghai have said a string of arrests in connection with the theft of hi-tech trade secrets was the result of a stepped up effort to protect the strategically important sector, as well as a renewed crackdown on financial crimes. Fourteen suspects were detained and seven servers confiscated after police were tipped off that … Read more
Bollywood actor Jacqueline Fernandez has approached Delhi’s Patiala House Court, seeking intervention from the Economic Offence Wing of Delhi Police and the Superintendent of Mandoli Jail, where conman Sukesh Chandrashekhar is in judicial custody. The plea urges an immediate restraint on Chandrashekhar from issuing any further letters, messages, or statements addressed to Jacqueline directly or … Read more
Press play to listen to this article Voiced by artificial intelligence. BRUSSELS — One year into the biggest corruption scandal ever to hit the European Parliament and the Qatargate questions keep coming. Members of the European Parliament on Wednesday spent an hour discussing the cash-for-influence allegations during a debate in Strasbourg, with many suggesting they’re … Read more
PUTRAJAYA: Concern over certain societies and associations’ possible involvement in illegal activities has prompted the Cabinet to request a report on those found to have violated the law. Home Minister Datuk Seri Saifuddin Nasution Ismail said some ministers had raised the issue, which was discussed at length at the recent Cabinet meeting. “Following the discussion, … Read more
New Delhi, AAP leader Sanjay Singh on Saturday urged a court here to release him, saying no purpose will be served by keeping him in further custody in a money laundering case related to the alleged Delhi excise scam. Singh’s counsel made the submission before Special Judge M K Nagpal during the hearing of his … Read more
Canada’s financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. The penalty is the second the Financial Transactions and Reports Analysis Centre of Canada has announced this week after RBC’s $7.4-million fine was publicized on Tuesday. The agency, known as Fintrac, says it … Read more
