News
- Australian authorities are increasingly concerned about “astronomical” bets using dirty cash in Chinese casinos. (Sydney Morning Herald)
- In a continued crackdown on illicit capital outflow, China’s currency regulator busted underground banks dealing with $148 billion. (Bloomberg)
- President Rodrigo Duterte announced that he is realigning the Philippines with China and Russia, stating that the U.S. has “lost.” (Reuters)
- Russian police detained Sergey Maslov, head of JSC Corporation of Development, on charges of large-scale embezzlement. (OCCRP)
- The Czech Republic is working to counter what it says is a concerted Kremlin propaganda campaign targeting its citizens. (Guardian)
- Ukraine’s Naftogaz is suing the Kremlinagain, over the seizure of its assets in Crimea. (Forbes)
- A spokesman for Leonardo DiCaprio said his charity would return any donationsfound to have originated from the 1MDB fund. (BBC)
Features
- A useful overview of the UK’s new Criminal Finances Bill, which includes “Unexplained Wealth Orders” and new seizure/forfeiture powers. (Lexology)
- The Economist urges the West to remain united in the face of Kremlin provocations.
- Russian anti-Americanism is a sign of the Kremlin’s weakness, says Vladimir Pastukhov. (RFE/RL)
