Corruption

Officials from Ukraine’s National Anti-Corruption Bureau searched the country’s State Financial Monitoring Service as part of an investigation into the agency’s head, Filip Pronin, a suspect in a multimillion-dollar embezzlement scheme.

The United States on Thursday sanctioned Union Cuba-Petroleo, Cuba’s state-owned oil and gas company, escalating the Trump administration’s pressure campaign against Havana under an executive order issued last month.

Hungary’s Integrity Authority has developed an artificial intelligence and machine-learning platform to track Hungary’s financial flows in real time as it works to trace an estimated €160 billion in public funds alleged to have been misappropriated during former Prime Minister Viktor Orbán’s 16 years in power.

Albanian anti-corruption prosecutors have launched a criminal investigation into a proposed $4 billion luxury resort backed by Jared Kushner, President Donald Trump’s son-in-law, and have frozen the bank accounts of a landholding company tied to the project amid widening scrutiny of property transactions at the protected coastal site.

Morgan Stanley and several European banks risk being drawn into a French criminal investigation over the 2022 sale of Vincent Bolloré’s African transport and logistics business, as an anti-corruption association seeks to compel them to hand over internal documents related to the €5.7-billion transaction.

Swiss prosecutors raided the Geneva offices of commodity trader Gunvor as part of a criminal investigation into suspected bribery of foreign public officials, dealing a fresh blow to the company’s efforts to rehabilitate its reputation following a series of prior corruption convictions.

A senior White House adviser personally directed the Pentagon to extend a $620 million loan to Vulcan Elements, a North Carolina rare-earth magnet startup partly owned by a venture firm tied to Donald Trump Jr.

A federal court in Brooklyn vacated corruption charges Wednesday against two defendants convicted in the U.S. crackdown on FIFA bribery, after the Trump administration said the cases no longer fit its prosecutorial priorities.

Countries where bribes were paid have become the primary drivers of major cross-border bribery enforcement, according to a new OECD report that documents nearly two decades of coordinated multinational prosecutions.

Local governments in southern Italy that colluded with organized crime deliberately avoided large EU-funded projects to stay below anti-mafia certification thresholds, according to new academic research.