UK disbands police fraud squads. Guess what happens next?
UK police forces continue to suffer under the severely adverse consequences of the British government’s fiscal “austerity” measures.
Do the Aussies (and everyone else) need a national anti-corruption body?
Former judges are seeking what they describe as a “National Integrity Commission” to restore public trust in Australian democracy – Martin Kenney says every country needs such a public body to tackle corruption.
Premier League allegations show ‘farce’ of UBO register
A Scottish newspaper asserts that Alisher Usmanov, an Uzbek-born Russian billionaire who was a major shareholder in the Premier League football club, Arsenal , may be behind a Scottish entity that appears to be funnelling funds to and from Uzbekistan.
Oligarch’s divorce becomes global asset recovery case
A Russian oligarch’s divorce case is turning into a classic global asset recovery struggle.
Crooks are (predictably) avoiding open company registers
The UK’s National Crime Agency said there were now signs that criminals were finding new tax havens where they could exploit lax regulation and hide their links to corrupt assets.
The 1MBD Scandal Moves Apace
The criminal investigation into Malaysia’s 1MDB scandal must be conducted in tandem with a multifaceted, multi-jurisdictional, multidisciplinary civil asset recovery investigation, says Martin Kenney
Martin Kenney: Big AML scandal points back to UK’s Companies House
Martin Kenney is scathing about an alleged $8.3 billion Danske Bank money laundering scandal via Estonia, which partly relied on false data being submitted to the UK’s Companies House. The bank’s punishment so far? A “stern ticking off.”
Martin Kenney: Whistleblowing is still a career-ending suicide mission
We need to have an effective whistleblower program to hang like a Sword of Damocles over those who think they can act dishonestly and with impunity, argues Martin Kenney.
Martin Kenney: Yes, Mossack Fonseca was a mess. But don’t blame the BVI
The Panama Papers made a difference, but bashing Britain’s overseas territories because of historical failings rectified years ago needs to stop.
Martin Kenney: Why is the pressure on compliance professionals so intense?
The pressure on compliance professionals is immense. The individuals charged with the responsibility will always have the sword of Damocles hanging over their heads.