money laundering

Attorney General orders imprisonment of 20 suspects in money laundering case

Sun, 16 Feb 2020 - 02:14 GMT

The prosecutor ordered the seizure of all the properties of the defendants.

Cabinet approves amending money laundering fighting law

Wed, 12 Feb 2020 - 02:21 GMT

The approval came within the framework of the State's efforts for fighting terrorism in all its forms and drying up its sources.

Exclusive: U.S. digs deeper into Deutsche role in Danske money laundering scandal- sources

Mon, 02 Dec 2019 - 10:34 GMT

The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank’s role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal

Egypt to cooperate with foreign bodies to combat money laundering

Wed, 16 Oct 2019 - 12:32 GMT

The law stipulates that aid, judicial reassignments and extradition of accused and convicted persons shall take place between Egypt and other countries.

Egypt to host int'l forum on fighting corruption in 2019

Tue, 30 Jul 2019 - 01:21 GMT

Egypt will host an international forum on fighting corruption in 2019, according to Head of the Libyan money laundering unit and chief of the MENA Financial Action.

Egypt has come a long way in fighting terrorism, money laundering: Madbouli

Tue, 30 Jul 2019 - 10:22 GMT

Madbouli said that Egypt has come a long way in fighting money laundering and terrorism financing via enacting laws and introducing supervisory and regulatory rules.

55 financial fraud cases worth LE200M unravel in 1 month

Mon, 15 Jul 2019 - 12:00 GMT

The crimes varied from bribery and administrative corruption to illegal currency trade, money laundering and tariff evasion.

LE 3.4B proceeds of money laundering crimes during year: Interior Min.

Tue, 11 Jun 2019 - 12:50 GMT

The Anti-Drugs and Organized Crime Sector of the Ministry of Interior seized LE 3.4 billion ( $178 million)collected in money laundering crimes within one year.

GM of BeIN Sports France undergoes bribery investigation

Wed, 22 May 2019 - 11:50 GMT

The charges are related to the bidding process for the 2019 World Athletics Championships to be held in Doha between September 27 and October 6.

Group arrested over money laundering LE 50M via unlicensed building

Thu, 28 Mar 2019 - 05:36 GMT

The General Administration of Public Money Investigations spotted illegal activities by a group of people who money laundered L.E. 50 million ($2.8 million) through constructing unlicensed buildings in Greater Cairo.

London pushes to take Saudis off EU dirty money blacklist- sources

Fri, 08 Feb 2019 - 11:29 GMT

The list needs the endorsement of a majority of the 28 EU nations but Britain and other heavyweights of the bloc, including Germany, France, Italy and Spain, are raising concerns.

EU states agree stronger monitoring of banks on money laundering

Wed, 19 Dec 2018 - 11:50 GMT

European Union governments have reached a preliminary deal to clamp down on money laundering by strengthening bank supervision through the (EBA).

Peru opposition leader detained in money laundering probe

Wed, 10 Oct 2018 - 11:50 GMT

Keiko Fujimori, the daughter of former President Alberto Fujimori and leader of the opposition in Peru.

Danske Bank hit with new money laundering probe

Thu, 20 Sep 2018 - 01:56 GMT

In May, the FSA denounced "serious shortcomings" at Danske Bank's Estonian branch and ordered it to raise its capital requirement by five billion kroner (670 million euros) due to increased risks.

Judge refuses to dismiss ex-Trump campaign chief's money laundering charge

Sat, 23 Jun 2018 - 03:20 GMT

A federal judge on Friday dealt another blow to U.S. President Donald Trump's former campaign chairman Paul Manafort.

Egypt receives CHF 32M from Ahmed Ezz’s Swiss bank accounts

Tue, 27 Mar 2018 - 04:26 GMT

It was not announced when exactly the money was handed over, but Brovarone added that that money was “arranged” on February 1, 2018.

Former broker in Trump Panama project under investigation

Fri, 17 Nov 2017 - 11:00 GMT

Federal prosecutors in Brazil are conducting a criminal investigation into alleged international money laundering.

Corporate regulator to probe Australia's biggest bank

Fri, 11 Aug 2017 - 08:51 GMT

Australia's corporate regulator said Friday it would investigate the Commonwealth Bank over its handling of alleged breaches of money laundering.

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