30 tuoreinta uutista

Italy: Prosecutors demand millions from Deutsche Bank and Nomura in MPS lawsuit

17.5.2019
In a lawsuit in Milan, Italy, prosecutors have demanded to seize EUR 441mn (USD 508.66mn) from Germany's Deutsche Bank and EUR 445mn from the Japanese bank Nomura. The institutes have been accused of...

UK: Nottinghamshire Miners Home mismanaged charity

17.5.2019
The Charity Commission has said trustees of Nottinghamshire Miners Home were guilty of serious mismanagement and misconduct in the running of the charity. The regulator said the trustees personally...

Spain: Chemists in Catalonia file lawsuit against Glovo

17.5.2019
The association of chemists from the region of Catalonia Fecac, has filed a lawsuit against the Spanish home delivery services specialist Glovo, for selling medicines through its platform. The...

UK: CMA to investigate housebuilders over leasehold scandal

17.5.2019
The Competition and Markets Authority (CMA) plans to investigate the sale of new-build leasehold properties following pressure from ministers. The regulator had previously declined to examine the...

Latvia: RTAB illegal activity results in EUR 300,000 losses, says KNAB

16.5.2019
The costs related to the illegal activities of officials at the Riga Tourism Development Bureau (RTAB) amount to at least EUR 300,000, according to representatives of Latvia's Corruption Prevention...

Latvia: Salaspils Nuclear Reactor decommissioning funds spent elsewhere

16.5.2019
The Latvian State Audit Office (LRVK) reports that the Environmental Protection and Regional Development Ministry spent 84% of the EUR 3.3mn allocated to the scheduled decommissioning of the...

Latvia: Sate Audit Office concerned over misspent development funds

16.5.2019
The Latvian State Audit Office (LRVK) expressed concerns regarding the planning and spending of development funds, LETA reported. Liga Krapane, spokeswoman for LRVK, commented that the audits of...

Denmark: Only 24 money laundering cases closed out of 13,377 reported

16.5.2019
An analysis conducted by the Danish State Prosecutor for Serious Economic and International Crime (Statsadvokaten for Særlig Økonomisk og International Kriminalitet, SØIK) shows that in 2016, it...

France: PNF wants jail time for Levallois-Perret mayor and wife for tax evasion

16.5.2019
The French financial prosecutor's office (PNF) has requested a four-year prison sentence and ten-year ban from managing companies for Levallois-Perret mayor Patrick Balkany, as well as a two-year...

UK: Ensco Global awarded USD 180mn compensation in arbitration case

16.5.2019
An arbitration court in London, the UK has instructed South Korea-based shipbuilder Samsung Heavy Industries (SHI) to pay damages amounting to USD 180mn (EUR 156.06mn) to Ensco Global IV (Ensco...

Estonia: Raivo Lill partially acquitted in the corruption case

16.5.2019
Estonia's Tallinn Circuit Court acquitted Raivo Lill partially in the corruption case of the Estonian state-owned railway company, Eesti Raudtee. Previously, Mr Lill, a board member of Autsec, was...

Germany: Prosecutors want to fine UBS over alleged tax fraud

16.5.2019
The prosecution office in Mannheim, Germany, wants the German unit of the Swiss bank UBS to pay a fine of EUR 83mn (USD 95.73mn) over accusations of abetting tax avoidance. UBS allegedly helped a...

Sweden: Klarna CEO invited to meeting at the Ministry of Finance

16.5.2019
The Minister for Consumer Affairs Ardalan Shekarabi and the Minister for Financial Markets Per Bolund called on Sebastian Siemiatkowski, founder and CEO of the payment solutions company Klarna, to...

UK: SFO launches investigation into Greenergy

16.5.2019
An investigation into Greenergy, a UK fuel distribution firm, has been launched by the Serious Fraud Office (SFO). The firm is one of the largest suppliers of petrol and diesel in the UK, while the...

UK: Fraudster 'bishop' sent to jail

16.5.2019
Charles Motondo, a 'bishop' from Leeds, has been sent to jail for making false car insurance claims. Motondo used the personal details of two people he knew to buy insurance and then fabricated...

Lithuania: Revolut could cause problems for financial sector: financial police

15.5.2019
The UK-based financial technology company, Revolut, might cause problems in Lithuania, Antoni Mikulski, director of Lithuania's Financial Crime Investigation Service (FNTT), warned. He said Revolut's...

Lithuania: Fraudsters using TV host's name to advertise cryptocurrency

15.5.2019
Lithuania's Swedbank warned that fraudsters were spreading advertisements for investing in cryptocurrency using the name of the local TV anchor, Andrius Tapinas. The fraudulent advertisements, spread...

Sweden: Bill Browder's appealed money laundering report rejected by EBM

15.5.2019
Previously, US businessman Bill Browder appealed the Swedish Economic Crime Authority's (EBM) decision to not investigate his police complaint that the Swedish bank Swedbank laundered Russian money...

Russia: Damage from illegal exports of wood in Siberian FD

15.5.2019
Damage from illegal exports of wood and timber in the Siberian FD in 2019 is estimated at over RUB 286mn (EUR 3.72mn USD 4.29mn). The amount of unrecovered foreign exchange earnings is estimated at...

Lithuania: Finance Ministry to represent state in Snoras dispute

15.5.2019
Lithuania's Ministry of Finance will represent the state in an international arbitration dispute with a Russian foundation that claims EUR 1.1bn in compensation on behalf of the Russian businessman,...

Baltic: Share of unreported wages, income highest in Latvia in 2018: report

15.5.2019
The share of unreported wages in the Baltic States was the highest in Latvia in 2018, according to a report from the Stockholm School of Economics in Riga. Unreported wages accounted for an average...

Baltic: Level of bribery highest in Lithuania in 2018: report

15.5.2019
The level of bribery in the Baltic States was the highest in Lithuania in 2018, according to a report from the Stockholm School of Economics in Riga. Bribes accounted for 9.9% of the overall income...

Netherlands: ING is to pay EUR 500,000 to Foot Locker

15.5.2019
Dutch bank ING is to pay EUR 500,000 (USD 576,716.33) of compensation to the sports shoe retail chain Foot Locker. ING did not pay enough attention which enabled Foot Locker to accidentally make...

Finland: Virtual currency providers required to register with FIN-FSA

15.5.2019
In Finland, the Act on Virtual Currency Providers entered into force on 1 May 2019. From the beginning of November 2019, only those virtual currency providers that fulfil statutory requirements will...

Italy: Ceva Logistics Italia is ordered to go into administration

15.5.2019
Ceva Logistics Italia, the Italian logistics service provider, has been ordered to go into administration by the court of Milan. According to the court, the company knew about the unlawful working...

Sweden: Court ruling in favour of pig farmer regarding pig sleeping boxes

15.5.2019
On 9 May 2019, the Malmö Administrative Court ruled in favour of a pig farmer in a dispute with the Skåne County Administrative Board. The dispute stems from the Board arguing that the farmer...

Netherlands: FNV takes legal action against PostNL and Randstad

15.5.2019
Dutch trade union FNV will take legal action against the Dutch mail company PostNL and the employment agency Randstad for their contracting agreements for employees at PostNL's sorting centres. FNV...

Russia: Head of Energiya-M accused of fraud

14.5.2019
Energiya-M general director Yury Petrov has been accused of participating in fraudulent activities carried out by heads of GlobalElectroService, a part of Summa Group, against Federal Grid Company...

Belgium: Kepha Invest to be liquidated

14.5.2019
Shareholders of Belgian investment firm Kepha Invest have voted for the immediate liquidation of the firm. This comes after intermediaries from the firm approached nearly 300 victims claiming to be...

Czech Republic: RegioJet files lawsuit against Flixbus regarding dumping prices

13.5.2019
Czech bus operator RegioJet has filed a lawsuit against the German long-distance bus company Flixbus in the matter of its long-term dispute about price dumping. RegioJet has accused Flixbus of price...