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Weekly Roundup: Brazilian Prosecutors Call for Lula’s Arrest, Misspelling Halts Cyber Scheme, and More
printBrazilian state prosecutors are seeking the arrest of former President Luiz Inacio Lula da Silva for allegedly violating money laundering laws and committing identity fraud, Reuters reported. The allegations center on his purported efforts to conceal his ownership of a beachside apartment. More Brazilian officials are seeking to determine whether anyone from President Dilma Rousseff's 2010 and 2014 election campaign teams instructed those charged for involvement in the corruption and money laundering scandal at state-run energy firm Petrobras to pay bribes to her chief political strategist, Joao Santana, who was arrested and charged last month, according to Bloomberg. More Ministers...
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Switzerland has agreed to the U.S. Justice Department's request to hand over records from UBS AG and at least 15 other banks linked to Petroleos de Venezuela SA, FinCEN and its Argentine counterpart entered into an MOU, and more, in this week's roundup.
France calls for Libya sanctions, Bank of China weighs potential settlement over Italian allegations of money laundering, and more, in this week's news roundups.
U.S. lawmakers endorse new sanctions against North Korea, Amnesty International faults Luxembourg for permitting transactions linked to banned arms and more, in this week's news roundup.
Canada's Innovation Minister Navdeep Bains said the country is considering lifting sanctions against Iran, UBS AG has agreed to fully cooperate with French officials investigating possible tax evasion involving as much as $13 billion, and more, in this week's roundup.
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The U.S. Treasury Department blacklisted Lebanese telecommunications firm Spectrum Investment Group Holding SAL and its chairman, Brazil's central bank ordered brokerage firm TOV Corretora to shut down for violating CDD rules, and more, in this week's roundup.
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Weekly Roundup: EU to Renew Russia Sanctions, Billionaire Adelson Accused of Criminal Ties, and More
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U.K. lawmakers question the wisdom of recent amendments to the nation's rules for bank managers, American officials reach $6.3 million dollar deal with Standard Chartered, and more, in this week's news roundup.
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