Must listen: NPR discusses how shell companies enable North Korea to dodge the economic impact of sanctions.
“Yet the details emerging of how Nigerian funds were allegedly laundered through US and UK property via western banks are in some respects as scandalous as the original heist.”
-‘Nigeria’s missing billions turn up in familiar places,’ WSJ
FATF said in a report that Denmark doesn’t have a unified strategy to combat money laundering and terrorist financing and needs to establish one to properly assess and understand its risks.
Teradata, a data and cloud technology firm, said it discovered potential violations to U.S. foreign bribery law at one of its units doing business in Turkey.