Corruption

UBS AG has won dismissal of money-laundering charges inherited from Credit Suisse over the long-running Mozambique tuna-bond scandal after a Swiss court found criminal liability could not be transferred after the bank’s 2023 takeover of its former rival.

Indonesian authorities have named former commodities trader Mohammad Riza Chalid as a suspect in a second corruption investigation tied to crude oil and fuel procurement, broadening a probe that is renewing scrutiny of longstanding practices in the country’s energy market.

Facebook has become the dominant online platform for illegal wildlife trade, accounting for nearly 75 percent of the trafficking advertisements detected across 61 websites and apps over almost two years, according to a new report by the Global Initiative Against Transnational Organized Crime. 

Two criminal trials opening in Madrid this week have put renewed focus on allegations of kickbacks, illicit party financing, and broader political corruption in Spain.

Three Greek cabinet ministers resigned on Friday as a European Union investigation into alleged farm subsidy fraud widened, in a case that has intensified political pressure on the government and added to unrest in the country’s farming sector.

Ten years after the Panama Papers exposed the offshore financial system exploited by tax cheats and criminals around the world, prosecutions and transparency reforms tied to the landmark investigation are still unfolding.

A Malaysian court on Tuesday ordered jailed former Prime Minister Najib Razak to pay $1.3 billion to SRC International, a former unit of scandal-linked state fund 1MDB, after finding him liable for losses incurred by the company.

Florida shell companies and virtual office addresses are at the center of an expanding international investigation into at least $260 million in funds tied to Argentina’s top soccer authority.

South Africa’s national police commissioner, Fannie Masemola, has been charged in a widening corruption investigation linked to the award of a 360 million rand ($21 million) police health-services contract to a businessman already under scrutiny for tender fraud.

An Italian member of the European Parliament denied taking bribes from Huawei as lawmakers weigh whether to strip him of parliamentary immunity in a Belgian corruption investigation.