Zelenskyy’s Ex-Chief of Staff Suspected in $10.5mn Dirty-Money Probe
Ukraine’s anti-corruption agencies have named former presidential chief of staff Andriy Yermak as an official suspect in a 460-million-hryvnia ($10.5 million) money-laundering scheme, marking a significant escalation in a graft investigation that has shaken President Volodymyr Zelenskyy’s government.
EU Ministers Clear Way for Sanctions against Israeli Settlers Tied to Attacks
European Union foreign ministers have agreed to impose sanctions on Israeli settlers over violence against Palestinians as well as on members of Hamas, breaking a months-long deadlock after Hungary’s new government lifted a veto put in place under former Prime Minister Viktor Orban.
Monaco Fines UBS €6 Million for Broad AML and KYC Failures
Monaco’s financial markets watchdog has fined UBS €6 million for “numerous serious breaches” in anti-money-laundering and counterterrorism financing controls.
Rubio Invokes New Cuba Sanctions Program for First Time
The United States on Thursday imposed sanctions on a Cuban military-controlled conglomerate, one of its top executives, and a Cuban nickel-mining joint venture, in the first round of designations under a new executive order targeting the island-nation.
Ecuador Probes Suspected Money Laundering at Banco Guayaquil
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 Senator and Bolonaro Ally Tied to Banco Master Scandal
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.
OFAC Targets Iraqi Official and Companies for Alleged Iran Ties
The U.S. Treasury Department on Thursday imposed sanctions on Iraq’s deputy oil minister, three senior leaders of Iran-aligned militias, and four Iraqi companies, accusing them of diverting Iraqi oil to benefit Iran’s government and its proxy forces.
Hungarian Police Freeze Accounts of Top Orbán-Era Media Mogul
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.
ING Belgium Pays €1.6mn for Failing to Flag Reynders’ Suspicious Activity
ING Belgium has agreed to pay a €1.6 million settlement over alleged failures to report suspicious transactions linked to former European Commissioner Didier Reynders.
After Seeking $200 Million in 2024, SEC Settles for $1.5 Million in Musk Case
Elon Musk has agreed to pay $1.5 million to settle U.S. Securities and Exchange Commission (SEC) allegations that he cheated Twitter shareholders in 2022 by failing to properly disclose his growing stake in the social media company.