Leak suggests the oil and gas tycoon and his ex-wife Dasha Zhukova amassed ...
‘You could fill a museum with it’
Quick Glance: Dispute over Abramovich's Private Collection: Artworks Amidst War Fog
- Abramovich attempts to protect art collection from sanctions
- Legal maneuvers employed prior to Russian invasion of Ukraine
Quick Glance: ICIJ's Offshore Leaks Database
- Legitimate use of offshore companies and trusts
- Verify identities of individuals or entities in the database using addresses or other identifiable information
- Data sourced directly from leaked files received by ICIJ during investigations. Each dataset covers a specific time period specified in the database.
The outgoing head of the Justice Department task force investigating Russian oligarchs and their assets told @WSJ the team is widening its scope to enablers: ... Show more
Quick Glance: Error Page
- Trump: Did He Pay a Price for Avoiding the Debate?
- Experts Warn: Password Rules as Security Risk.
Dozens of charges against Pinto — who is also ...
Quick Glance: Rui Pinto of Football Leaks Receives Suspended Sentence, Remains Free
- A Lisbon court has handed Rui Pinto, the Portuguese man behind the Football Leaks website, a four-year suspended prison sentence for attempted extortion, illegal access to data, and breach of correspondence.
- Pinto was arrested in Hungary in January 2019, later released from house arrest, and put under witness protection.
- The court hopes that Pinto's regret shown in court is genuine and expects him to refrain from similar acts in the future.
- Judge Alves of the Lisbon Central Criminal Court stated that Pinto cannot be considered a whistleblower due to committing crimes to obtain the information before knowing its contents.
The agency has dedicated a team to uncovering oligarchs’ ...
Quick Glance: IRS investigates use of South Dakota trusts by sanctioned Russian oligarchs
- U.S. authorities are examining cases where Russian oligarchs bypass sanctions by concealing assets in South Dakota trusts.
- An agent from the Internal Revenue Service disclosed that assets of sanctioned individuals are hidden in trusts through dummy companies.
- According to the Pandora Papers, 206 U.S.-based trusts were identified holding over $1 billion in assets connected to 41 countries.
- Efforts by U.S. authorities to track and confiscate assets of Russian oligarchs have generated proposals to curb anonymous and illegal money flows facilitated by state laws.
Reporter’s Guide to Investigating War Crimes: Collecting and Archiving Evidence and Information
Quick Glance: Oligarch Kolomoisky Behind Bars: How Did He Get There and Can He Escape?
- Kolomoisky charged with money laundering and fraud
- Fursa suspects coordination with other countries where Kolomoisky allegedly parked his laundered wealth, including the US
- Reports suggest Kolomoisky has been stripped of his Ukrainian citizenship by media and top officials
- Despite speculation, Kolomoisky's influence is diminishing, raising questions about his relationship with President Zelensky
The IRS is using the last of its boosted budget to launch audits at dozens of large partnerships in the US, including hedge funds and real estate firms ... Show more
Quick Glance: Error Page
- WSJ Opinion: The SVB Bailout Goes Beyond Money
- Nintendo's Super Power Could Lie in Entertainment
- WSJ Opinion: Safeguarding Deposits from 'Contagious Bank Runs'
- Arm Expected to Price IPO at $52 per Share
The Bongo family ruled Gabon for most of ...
Quick Glance: End of 56 Years of Corrupt Rule by Gabon's Bongo Family
- A coup in Gabon has brought an end to over 50 years of dynastic rule, during which the Bongo family amassed enormous wealth both domestically and offshore.
- Ali Bongo, a former musician, came to power in 2009 following the death of his father Omar Bongo, who ruled authoritatively for nearly 42 years, benefiting from his close ties to former colonizer France and the use of Gabon's petrodollars to establish a patronage network.
- Choice appointments, such as cabinet positions, were given to trusted family members, and the father and son accumulated vast wealth while governing the small Central African nation with a population of 2.3 million.
- The family also redirected significant wealth into offshore tax havens.
Quick Glance: Maria Ressa and Rappler Acquitted of Tax Evasion: Court Decision
- End of the four-year and ten-month trial under the administration of former President Rodrigo Duterte.
- Nobel Peace Prize laureate Maria Ressa and Rappler CEO cleared of tax evasion charges.
- Decision made by Judge Ana Teresa T. Cornejo-Tomacruz of Pasig City Regional Trial Court Branch 157.
- Prosecution can no longer appeal the criminal aspect of the case due to the double jeopardy rule after the Pasig court's acquittal.
The Manhattan D.A. Seized a $20 Million Statue of Marcus Aurelius From the Cleveland Museum of Art, Continuing a Spree of Raids Seeking Looted Turkish Art | ...
O homem que dirige o ...
Quick Glance: Gerard Ryle: The next scandal will involve a major company profiting from accessing our private data
- Investigative journalism uncovers the truth instead of relying on propaganda
- Journalism is an essential part of society
- Data journalism provides deeper insights and context
- We need to return to essential journalism
Quick Glance: Oligarch Kolomoisky Charged with Money Laundering and Fraud
- Ihor Kolomoisky, one of Ukraine's most flamboyant and infamous oligarchs, has been officially charged with alleged financial manipulation involving his oil and gas holdings.
- Ukraine's Security Service released pictures showing law enforcement confronting Kolomoisky at his home and conducting a search of the premises.
- During the search, Kolomoisky was charged with fraud and money laundering.
- According to the Security Service's official statement, Kolomoisky is accused of laundering over Hr 500 million ($13.5 million) in 2019-2020.
The new minister, Abubakar Atiku Bagudu, whose ...
Quick Glance: New Nigerian Minister Accused of Assisting Former Dictator in Laundering Stolen Billions
- Nigeria's president faces media criticism for appointing a new budget minister accused of aiding former dictator Sani Abacha in stealing billions of dollars from the country.
- Abubakar Atiku Bagudu, a former governor and senator, was confirmed as a new minister in President Bola Tinubu's government last week, despite being implicated in Abacha's looting of the country from 1993 to 1998, according to the US Department of Justice.
- The US Department of Justice accused Abacha, Bagudu, and other associates of systematically embezzling billions of dollars of public funds from Nigeria in the 1990s and funneling the money out of the country through a network of offshore companies.
- Over the past decade, the US Department of Justice has sought to seize offshore assets held in trust for Bagudu and his family under the Kleptocracy Asset Recovery Initiative, citing its jurisdiction over the US banking system used in alleged illegal transfers.
A new report, based on a secret paper trail, documents a decade of regulatory inaction against ...
Quick Glance: Adani Group: Secret Investors Revealed
- Hindenberg's accusations sparked protests and caused a drop in Adani Group stocks.
- Two men invested hundreds of millions in Adani stock through opaque funds in Mauritius.
- These investments also appear to be coordinated with an Adani company.
- Adani Group denies the allegations and emphasizes its position as a leading infrastructure company.
A new state bill modeled on the federal Corporate Transparency Act aims ...
Quick Glance: New York leads the way in US corporate transparency
- The CTA is hailed as a groundbreaking reform, requiring the creation of a beneficial ownership registry, a database of company owners.
- Under the law, LLCs in New York must report the names of their beneficial owners and business addresses to the New York Department of State.
- Beneficial owners are defined as those who "substantially control" a company or own at least a 25% stake in it.
- LLCs are legitimate business structures that protect owners from personal liability.
Periodistas ecuatorianos se preparan para la primera ...
Quick Glance: Growing Concern for Press Freedom in Ecuador Following Assassination of Presidential Candidate
- The assassination of presidential candidate and investigative journalist Fernando Villavicencio in Ecuador has heightened concerns about press freedom and democracy.
- Villavicencio, a former member of the National Assembly and presidential candidate with anti-corruption and anti-organized crime proposals, was shot dead last week during a campaign rally near Quito.
- The incident has Ecuador on edge as the nation prepares for the first round of presidential elections on Sunday.
- According to Ecuadorian press freedom group Fundamedios, there were 356 attacks on the press in 2022, the highest number since 2018.
The U.N. chief pushed for a bigger say in the international tax agenda and ...
Quick Glance: OECD 'disappointed' with 'surprising' UN global tax report
- The report, to be finalized in the coming weeks, analyzed current international tax cooperation arrangements and presented UN Secretary-General António Guterres' vision for improving them to better support developing countries.
- For decades, international tax policy has been dominated by the OECD, a group primarily composed of high-income countries such as the US, UK, and Japan.
- The disproportionate influence of wealthier nations on the organization's policy agenda has led many developing countries, including some OECD members, to question its ability to establish fair global tax standards.
- In the report, Guterres recognized the OECD's efforts to engage non-members but noted that 'many of those countries find that there are significant barriers to meaningful engagement in agenda-setting and decision-making.'
Americans are leaving cities with high property taxes and relocating to states like Tennessee in search of ...
Quick Glance: Tax Havens Could Cost Countries $4.7 Trillion Over Next Decade, Advocacy Group Warns
- According to a new report, countries could lose $4.7 trillion in tax revenue over the next decade as multinational corporations and wealthy individuals continue to use tax havens to underpay taxes.
- The report identifies four countries responsible for the majority of global corporate tax loss, dubbing them 'the axis of tax avoidance:' the United Kingdom, the Netherlands, Luxembourg, and Switzerland.
- Together, these countries are responsible for more than half of the $301 billion lost to corporate tax abuse annually.
- The report calls for substantial global reforms to address the problem of rampant tax abuse.
Quick Glance: USA to Crack Down on Real Estate Money Laundering
- FinCEN plans to propose a rule this month to combat money laundering in the real estate industry.
- The timeline may be subject to change, according to sources.
- Treasury Secretary Janet Yellen has highlighted the long-standing issue of hiding illicit funds in real estate.
- An estimated $2.3 billion was laundered through the US real estate market between 2015 and 2020.
Quick Glance: Australian Museum Returns Stolen Cambodian Artifacts
- Australia's national gallery will return three bronze sculptures from the 9th and 10th centuries to Cambodia, after they were found to be stolen.
- This comes amid a global campaign to return looted cultural goods.
- The National Gallery of Australia (NGA) announced that it purchased the sculptures in 2011 for A$2.3m (£1.18m; $1.5m) from British artifacts smuggler Douglas Latchford, who passed away in 2020.
- Latchford has been implicated in the illegal trade of antiquities since 2016, with charges laid against him in 2019 relating to the alleged trafficking of stolen and looted Cambodian artifacts.
Watch: China is using bases in Cuba to monitor communications and gather intelligence throughout the southeastern U.S. Here’s the technology involved ... Show more
Quick Glance: Error Page
- Wildfires claim dozens of lives and force hundreds to flee homes in Algeria
- Italy: Extreme weather conditions - Deaths caused by wildfires and storms
Liberia: Labor Ministry, Partner Commemorate World Day Against Trafficking in Persons
Quick Glance: Fed fines Deutsche Bank $186mn for control flaws
- In a consent order issued on Wednesday, the Federal Reserve expressed concern over persistent control weaknesses at Deutsche Bank related to sanctions compliance, transaction monitoring, and anti-money laundering systems.
- Deutsche Bank has already been fined $99mn by the US regulator in 2015 and 2017 for similar issues.
- A portion of the fine is also associated with Deutsche Bank's involvement in the money laundering scandal at Danske Bank in Estonia.
- In November, Germany's financial watchdog BaFin threatened to impose fines on Deutsche Bank if it failed to meet important deadlines for resolving its money laundering controls.
Recommended for you