LIV Golf chief hints at peace talks with PGA Tour ‘sooner rather than later’ April 19, 2023 LIV Golf chief executive Greg Norman has opened the door to peace talks with the PGA Tour on the eve of the upstart circuit’s event in Adelaide this week. More than a year of fighting over access to the game’s top male players appeared to have left relations between the two tours in irreparable condition. [...]
Rishi Sunak urged to allow National Crime Agency to probe ‘astronomical levels’ of Covid loan fraud February 1, 2022 Chancellor Rishi Sunak should allow the National Crime Agency (NCA) to investigate “astronomical levels of fraud” that was allegedly committed during the coronavirus pandemic, according to the Labour party. The party will use an opposition day debate in the Commons later today to attempt to get Government backing for an investigation after it was revealed [...]
Millions moved via shell companies: Laundered fortune linked to chair of UK-Azerbaijan Parliamentary Committee forfeited January 31, 2022 Millions of pounds derived from the Azerbaijan laundromat – a sophisticated international money laundering scheme – have been seized following a National Crime Agency investigation into money held in bank accounts linked to an Azeri politician, the NCA said this morning. Financial investigators secured a Forfeiture Order for £5.6m in UK bank accounts belonging to [...]
UK Government seizes Russian-owned £38m super yacht in Canary Wharf March 29, 2022 The UK seized a £38m Russian-owned super yacht in Canary Wharf, transport secretary Grant Shapps said today. Officers from the National Crime Agency issued a detention order after they uncovered the owner’s identity despite it being “deliberately well hidden.” Named Phi, the vessel was built in the Netherlands and carried a Maltese flag while the [...]
Former Met police detective sues ex-City lawyer over ENRC hacking claims February 27, 2023 A former Metropolitan police officer has accused an ex-City lawyer of trying to hack his emails to steal information about Kazakh mining company ENRC. Former detective Cameron Findlay has claimed ex-Dechert partner Neil Gerrard orchestrated a campaign of ‘spear-phishing’ attacks against him during a court dispute surrounding the Kazakh firm, US court papers show. A [...]
Trainee lawyer jailed for selling cocaine and ketamine over encrypted Encrochat network and helping to move £1.5m January 14, 2022 A trainee employment lawyer, Neema Seifzadeh, 27, has been jailed for six years, for his role in a £1.5 million plot to sell cocaine and ketamine over the encrypted network Encrochat. Seifzadeh, who worked on a pro bono legal advice hotline, was sentenced to six years imprisonment on Tuesday at Manchester Crown Court, for helping [...]
Explainer: What is the Economic Crime Act and how will it help the government tackle oligarchs? March 17, 2022 The government’s Economic Crime Bill, which gives the UK new powers to tackle oligarchs, has gained Royal Assent after being fast tracked through parliament. In a statement, the government said the new laws will make it easier for the government to “tackle corrupt elites” and crack down on “Putin’s cronies.” Notably, the law will require [...]
Hundreds of thousands of crypto addresses linked to sanctioned Russians March 15, 2022 Several hundred thousand crypto wallets have been linked to Russia-based individuals facing sanctions amid conflict with Ukraine.
UK government is failing to match words with action in stamping out dirty money, MPs say June 30, 2022 The UK government is failing to match its rhetoric with real efforts to crack down on dirty money, MPs have warned. The government is continuing to let the UK become a “safe deposit box” for morally bankrupt billionaires, despite its rhetoric around “clamping down” on Russian money, the Foreign Affairs Committee said. The committee said [...]
Tory leadership race: Tugendhat vows to strip Met of counter-terrorism role July 17, 2022 Tory leadership hopeful Tom Tugendhat has vowed to break up the Metropolitan Police if elected by taking away the force’s responsibilities for counter-terrorism. Tugendhat said today that he would instead hand these powers to the National Crime Agency (NCA) – the UK’s agency responsible for things like organised crime, economic crime, cyber crime and human [...]