financial crimes

Bangladesh Panel Finds Insiders Negligent in Central Bank Heist

By Serajul Quadir DHAKA, Dec 8  – A Bangladesh government-appointed panel investigating the cyber-heist of $81 million from its central bank in February found five officials at the bank were guilty of negligence and carelessness, the head of the panel told Reuters on Thursday. In his first detailed comments on the inquiry since a report

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Panama Seizes Mossack Fonseca Files, Makes No Arrests

PANAMA CITY, April 14 – Panamanian authorities seized scores of digital files after a 27-hour raid on the offices of Mossack Fonseca, the law firm at the center of the “Panama Papers” leaks scandal, but have made no arrests, officials said on Wednesday. The government said it was seeking evidence of any illegal activities at

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Panama to Form Commission to Review Financial Practices

By Christine Murray and Elida Moreno PANAMA CITY, April 6 – Panama said on Wednesday it would form an independent commission to review the country’s financial practices following the leak of information from a local law firm that has embarrassed a clutch of world leaders. “The Panamanian government, via our foreign ministry, will create an

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Panama Papers Probes Opened, China Limits Access to News on Leaks

By Ben Blanchard and Lisa Jucca HONG KONG/BEIJING April 5 – Authorities across the globe have opened investigations into the activities of the world’s rich and powerful after a cache of leaked documents from a Panamanian law firm showed possible wrongdoing using offshore company structures. The “Panama Papers” have cast light on the financial arrangements

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