Not all foreign criminals should be deported – the case of Kweku Adoboli reveals a system that is too draconian November 12, 2018 Foreign criminals should be deported when they have served their sentences – this is effectively the government’s position, and one that remains popular with voters. On the face of it, the policy seems entirely reasonable; why should the UK show clemency to people who arrive on these shores and commit crimes against our citizens? And [...]
Former Trump campaign manager Paul Manafort to plead guilty to Mueller charges September 14, 2018 US President Donald Trump’s former campaign manager Paul Manafort has agreed to plead guilty to two criminal charges. Manafort will admit two counts in special counsel Robert Mueller’s investigation, one count of conspiracy against the US and another of conspiracy to obstruct justice, Reuters reported today, citing court documents. He previously faced charges of money laundering, [...]
Former Trump campaign manager Paul Manafort to plead guilty to Mueller charges September 14, 2018 US President Donald Trump’s former campaign manager Paul Manafort has agreed to plead guilty to two criminal charges. Manafort will admit two counts in special counsel Robert Mueller’s investigation, one count of conspiracy against the US and another of conspiracy to obstruct justice, Reuters reported today, citing court documents. He previously faced charges of money laundering, [...]
Campaigning against climate change doesn’t make you above the law April 18, 2019 UNTIL this week, the anti-climate change activist group Extinction Rebellion had hardly been a household name. Its various activities, like pouring fake blood onto Downing Street and stripping semi-naked during a session of the House of Commons, had been received with the sort of good humour that the British people always reserve for righteous causes [...]
Malaysia files criminal charges against Goldman Sachs and other bankers in 1MDB probe December 17, 2018 Malaysian authorities have filed criminal charges against investment bank Goldman Sachs in connection with a money laundering and corruption inquiry at the country's state investment fund 1MDB. Filed under Malaysia's securities laws, former Goldman bankers Tim Leissner and Roger Ng, former 1MDB employee Jasmine Loo and the fugitive financier known as Jho Low were also included [...]
Training AI to be unbiased must be a priority, not an afterthought February 9, 2018 When considering threats posed by artificial intelligence (AI), the focus usually rests on two. Some foresee a terrifying Skynet dystopia, with sentient computers identifying mankind as their greatest enemy and turning the world into a killbot hellscape. Others, slightly less alarmist, fear automation rendering vast swathes of the population literally redundant. But the most likely [...]
Azerbaijani woman who spent £16m in Harrods granted bail by High Court November 8, 2018 A woman who spent £16m at Harrods and is fighting extradition to Azerbaijan has been released on bail following her arrest last week on embezzlement charges. Zamira Hajiyeva, the wife of an Azerbaijan banker who is serving a 15-year prison sentence in their home country, is the subject of the UK's first Unexplained Wealth Order (UWO), a new [...]
Two former Afren oil executives sentenced to 30 years for fraud and money laundering October 29, 2018 The former chief executive and chief operating officer of collapsed oil firm Afren have been sentenced to 30 years in jail for fraud and money laundering offences committed while in charge of the company, the Serious Fraud Office said today. Former chief executive Osman Shahenshah and former operations chief Shahid Ullah received more than $45m (£35m) from a [...]
City Moves for 30 November – who’s switching jobs at DWF, Legal & General and Relendex? November 30, 2018 DWF DWF has appointed regulatory specialist Richard Burger as a partner in its regulatory, compliance and investigations team in London. Richard joins from corporate and insurance firm Reynolds Porter Chamberlain (RPC). Richard has 20 years’ experience in UK and international regulatory enforcement, criminal and internal corporate investigations. A former regulatory enforcement lawyer with the FSA [...]
Danske Bank whistleblower says he was offered hush money November 19, 2018 The whistleblower at the heart of a widening money-laundering scandal centred on Danske Bank has claimed the Danish bank tried to pay him to keep silent, and implicated a major European lender, reported to be Deutsche Bank, and two US banks in having handled suspect funds. Howard Wilkinson – head of Danske Bank’s trading unit [...]