Corruption

Ecuador’s financial regulators have launched a joint probe into possible money laundering at Banco Guayaquil, the country’s third-largest bank by net profit.

Brazilian federal police are targeting Senator Ciro Nogueira, a powerful ally of former President Jair Bolsonaro, as part of an expanding probe into the failed Banco Master.

Hungarian police have opened a misappropriation and money-laundering investigation into the companies of Gyula Balásy, one of the country’s most prominent media and advertising figures and a long-time architect of Viktor Orbán’s government propaganda campaigns.

Canada is moving to create a powerful new law enforcement agency dedicated to investigating and prosecuting financial crime, a step that places Ottawa on a sharply different course from Washington, where the Trump administration has scaled back federal fraud enforcement.

Britain’s Serious Fraud Office (SFO) on Friday secured a £10 million payment from defense contractor Ultra Electronics after the company accepted responsibility for failure to prevent bribery, the agency said in a statement.

A federal jury on Friday convicted former Republican U.S. Rep. David Rivera of Florida and political consultant Esther Nuhfer of secretly working as foreign agents for Venezuela’s government in 2017 and 2018, capping a five-week trial that featured testimony from Secretary of State Marco Rubio.

The Financial Action Task Force (FATF) placed Austria in enhanced follow-up after finding the country’s framework for investigating and prosecuting money laundering remains weak more than a decade after similar concerns were first raised.

Former French president Nicolas Sarkozy returned to the witness stand on Wednesday in his appeal against a conviction for illegally accepting Libyan funds for his 2007 presidential campaign, contradicting two sworn statements from his onetime right-hand man, Claude Guéant.

Greece’s ruling New Democracy party has launched an aggressive campaign against European Chief Prosecutor Laura Codruța Kövesi over her office’s investigation into a corruption scandal involving hundreds of millions of euros in European Union farm subsidies.

A Swiss federal court abruptly dismissed money laundering and bribery charges against the imprisoned daughter of a former Uzbek president on Tuesday after Uzbek authorities confirmed she would not be released to attend the proceedings before the statute of limitations runs out.