Corruption | Certain Risk

Dual rotor Russian attack Helicopter in flight.

Spain Seizes Property of Russian Helicopters CEO: Report

Spanish authorities have seized property linked to Nikolai Kolesov, the chief executive of state-owned Russian Helicopters, on suspicion of money laundering, according to an anti-corruption group founded by the late Alexei Navalny.

Horacio Cartes, hands clasped, speaking at a microphone. — Horacio Cartes en su visita oficial a Ecuador by Cancillería del Ecuador, via Wikimedia Commons, licensed under CC BY-SA 2.0. Source: https://commons.wikimedia.org/wiki/File:Horacio_Cartes_en_su_visita_oficial_a_Ecuador.jpg — License: https://creativecommons.org/licenses/by-sa/2.0/

US Lifts Sanctions on Former Paraguay President Cartes

The United States has removed former Paraguayan president Horacio Cartes from its sanctions list, a shift that comes amid warmer ties between the Trump administration and President Santiago Peña’s conservative government, Bloomberg reported.

Painting depicting gold mining in Brazil

As Illegal Gold Mining Grows in the Western Hemisphere, So Do AML Risks

Illegal gold mining has grown into one of the Western Hemisphere’s largest and fastest‑expanding illicit economies, out‑earning narcotics in parts of Colombia and Peru and pushing conflict‑linked gold toward U.S. ports and banks.

US President Donald J. Trump and El Salvadorian president Nayib Bukele sitting side by side in the oval office of the White House.

Report Alleges Trump’s Ambassador Shielded Bukele From Investigation

A previously undisclosed report by the Inspector General for the U.S. State Department and officials interviewed by ProPublica allege that former Ambassador to El Salvador Ronald D. Johnson protected Salvadoran President Nayib Bukele from American and Salvadoran law enforcement efforts.

Georgian Defense Minister Juansher Burchuladze — Juansher Burchuladze at a bilateral exchange at the Pentagon, Washington, D.C., February 9, 2023 (cropped, edited). Photo by U.S. Department of Defense / DVIDS. Licensed under Creative Commons BY 4.0. Source: Wikimedia Commons

Georgia’s Ex-Defense Minister Detained for Money Laundering, Abuse of Office

Georgia’s ex‑Defense Minister Juansher Burchuladze has been arrested on charges of money laundering and abuse of power, OCCRP said.

JPMorgan to Pay $330 Million to Resolve 1MDB Case in Malaysia

JPMorgan Chase will pay $330 million to the government of Malaysia to settle claims that it facilitated the processing of $800 million in fraudulent transactions linked to the looting of Malaysia’s sovereign wealth fund, 1MDB.