Three former Credit Suisse bankers hid signs of their clients' potential involvement in financial crime from compliance officers before receiving millions of dollars in kickbacks from a $2 billion corruption and fraud scheme in Mozambique, federal prosecutors in New York said.
A top commander in South Sudan's People's Liberation Army managed to embezzle and launder millions from the world's youngest state with the help of a U.S. dollar-denominated account, a global advocacy group claimed in a report Wednesday.
U.S. prosecutors unveiled criminal charges Thursday against a Malaysian financier and a former Goldman Sachs banker, and announced that another former executive of the New York-based lender has pleaded guilty to laundering nearly $3 billion stolen from 1MDB.