News about the shadow economy and economic crime

UK: Nigeria sues Shell, Eni for USD 1.1bn over OPL 245 corruption

12/14/2018
The Nigerian government has sued oil companies Shell and Eni, from the Netherlands and Italy respectively, for USD 1.10bn (EUR 953.68mn) in a London, UK commercial court. It alleges that funds the...

Nordic: Nordea Bank announces organisational changes in risk and compliance

12/13/2018
Nordea Bank has decided to further increase focus and strengthen execution within risk and compliance by consolidating resources in these areas. The changes will take effect on 1 January...

Germany: Cologne prosecutors investigate Deutsche Bank

12/13/2018
According to reports, the public prosecutor's office in Cologne, Germany, is investigating the role of Germany's Deutsche Bank in connection with potentially illegal stock market transactions. The...

Ireland: EUR 4,000 fine imposed on Irish Cement for dust emissions

12/13/2018
The Limerick District Court in Ireland has fined Irish Cement a sum of EUR 4,000 (USD 4,613.73) for dust emissions in December 2017. The subsidiary of Ireland-based building materials company CRH...

Austria: Chamber of pharmacists sues Shopapotheke

12/13/2018
There is a lawsuit pending between the Austrian chamber of pharmacists and the Dutch online pharmacy Shopapotheke at the Vienna regional court for civil matters. The Austrians sued the company on...

Russia: Slavitsa wins dispute with Novosibirsk-based Gulliver

12/13/2018
The Federal Antimonopoly Service (FAS) has discontinued a case initiated by Novosibirsk-based (Siberia) Gulliver against rgw Slavitsa factory based in Naberezhnye Chelny (Volga). According to the...

Ukraine: Detected violations of customs rules increased

12/12/2018
January - November 2018, the SFS customs revealed 45,600 violations of customs rules. The amount of violations totals UAH 2.70mn (EUR 82,815.49 USD 95,522.09). The number of the reports increased by...

Latvia: Eight detained in bribery scandal involving Rigas Satiksme, Solaris

12/12/2018
The mayor of Latvian capital Riga, Nils Usakovs, has suspended Leons Bemhens, head of the city's municipal public transport company, Rigas Satiksme. Earlier, Latvia's Corruption Prevention and...

Germany: Homes and offices of former Lila Bäcker management searched

12/12/2018
The public prosecutor's office of Schwerin, Germany has ordered searches of the flats and business premises of the former management of the German bakery chain Lila Bäcker. The company's new...

UK: National Trust tenant farmer charged with animal health offences

12/12/2018
One of the National Trust's tenant farmers has been charged with animal health offences. Daniel Jones, who secured the tenancy back in 2016 after winning an international competition, has been...

France: Organisations file appeal against French Guiana drilling authorisation

12/12/2018
Seven organisations have filed an appeal against the drilling authorisations granted by the State of France to Total in French Guiana in an effort to invalidate them, citing grey areas and...

Netherlands: PostNL will take legal action against FNV over industrial action

12/12/2018
Dutch mail company PostNL will take legal action against the Dutch trade union FNV that plans industrial action during the Christmas period of 2018. PostNL states the industrial action can lead to...

France: Shooting at Strasbourg Christmas market

12/12/2018
A shooting occurred at the Christmas market in the centre of Strasbourg, north-eastern France on 11 December 2018, resulting in three dead and 13 injured. The gunman was injured by police but was...

Latvia: KNAB detains businessman Maris Martinsons, visits Rigas Satiksme

12/11/2018
Latvia's Corruption Prevention and Combating Bureau (KNAB) has detained the local construction entrepreneur, Maris Martinsons. Sources said the detention was not related to the investigation into the...

Netherlands: Crypto currency services providers are to be licenced

12/11/2018
Businesses in the Netherlands that offer services based on crypto currencies must have a licence for this from the Dutch central bank De Nederlandsche Bank in the future. A new legislation proposal...

Czech Republic: Eset warns of new cyber attack on banking customers

12/11/2018
Czech computer security firm Eset is warning about a new type of cyber attack on banking customers in which harmful codes are embedded in email attachments. The codes, called BlackSwap, can change...

Russia: Director of Aleisk Meat Processing Plant found guilty of tax evasion

12/11/2018
Director of Aleisk Meat Processing Plant (Altai region, Siberia) Grigory Averyanov has been found guilty of tax evasion. His property is seized. Besides, Grigory Averyanov must compensate RUB 32mn...

UK: William Hill and Paddy Power face legal action over use of stolen money

12/11/2018
Mackrell Turner Garrett, the law firm, is preparing legal action against William Hill and Paddy Power over claims they allowed a gambling addict to place bets with money he stole from clients while...

Denmark: Danske Bank makes efforts to brush up its image

12/11/2018
To deal with the negative impact on its image, Danske Bank has initiated a client relations effort in which it invites all clients to information meetings where the company will account for its role...

UK: Alan Twatt Potatoes fined for health and safety breaches

12/11/2018
Alan Twatt Potatoes has been fined GBP 40,000 (EUR 45,451.15 USD 52,424.84) for health and safety breaches. An employee suffered severe injuries after falling from height whilst installing an...

Italy: Antitrust launches inquiry into Alitalia and Aeffe for surreptitious ads

12/11/2018
The Italian Antitrust Authority has started an investigation into Alitalia, the Italian airline, and Aeffe (particularly the Alberta Ferretti brand) , the Italian luxury fashion group, and some...

UK: Fewer penalty points issued to fundraisers

12/11/2018
Fewer penalty points have been issued to face-to-face fundraisers and private site fundraising, according to the Institute of Fundraising (IoF). New figures showed the percentage of 'mystery shops'...

Germany: Accusation against Wirecard is market manipulation

12/10/2018
The public prosecutor in Munich, Germany, has announced that a 2016 accusation of fraudulent activity by German payment services provider Wirecard was a case of market manipulation. Although Wirecard...

UK: Government unveils measures to combat money laundering

12/10/2018
The UK government has unveiled measures to combat money laundering linked to Scottish limited partnerships. Those registering a limited partnership will be subject to more stringent checks under...

UK: Devon farmer sentenced to jail for animal cruelty

12/10/2018
A farmer in Devon has been sentenced to 18 weeks in jail after being found guilty of allowing livestock to starve. William Douglas Dolley of Holwell Farm has also been banned from keeping sheep and...

Hungary: Bayer Hungaria gets fine for misleading consumers

12/10/2018
The pharmaceuticals company Bayer Hungaria has received a fine from the Hungarian competition office GVH for misleading consumers related to its OTC product Berocca Performance. The dietary...

Russia: Prosecutor General's Office on growth in corruption

12/9/2018
As estimated by the Prosecutor General's Office, the number of registered cases of bribery in Russia in January-October 2018 went up by 9.4% YoY to 3,171 cases. A growth in corruption has been seen...

Bosnia: Croatia's Scout to sue Ministry of Defence over ordered products

12/9/2018
ATV media has reported that it has received a confirmation from the Croatian company Scout of its plans to sue the Ministry of Defence of Bosnia and Herzegovina over failed deliveries of ordered...

Lithuania: Police seizes 2.7 kg of cocaine hidden in car in Kaunas

12/7/2018
Lithuanian law-enforcement officials have seized around 2.7 kg of cocaine hidden in a car in Kaunas. The cocaine was hidden inside the car that was bought in Germany. The cocaine, with an estimated...

UK: NDTA launches legal actions against fake members

12/5/2018
The NDTA has launched legal actions against several UK tyre retailers pretending to be members of the association, advertising their repair work as compliant to the NTDA standard and displaying the...