Nyheter om grå ekonomi och ekonomisk brottslighet

Lithuania: 13 people suspected of squandering Ukio Bankas assets

28.1.2020
Lithuania's Prosecutor General's Office announced that 13 persons were suspects in squandering over EUR 40mn of assets of the Lithuanian bank, Ukio Bankas. The suspects included the bank's former...

Denmark: 55% increase in suspected money-laundering cases

28.1.2020
Trade organisation Finance Denmark states that the number of reports about suspected money laundering cases that were submitted by Danish banks to the Danish State Prosecutor for Serious Economic and...

UK/France/US: Airbus reach settlement over corruption allegations

28.1.2020
Airbus has announced a settlement with regulators in the UK, France and US over allegations of corruption and bribery. The settlement is subject to court approval. It is understood Airbus could pay...

Russia: Court gets files on case of embezzlement of Defense Ministry's funds

28.1.2020
Files on the case of embezzlement of funds of the nuclear complex of the Ministry of Defense in the city of Sergiev Posad, Moscow region, have been sent to the court. Four former employees were...

Sweden: Swedbank's Q4 results better than expected

28.1.2020
Swedish bank Swedbank has posted a SEK 5.40bn (EUR 517mn USD 596mn) profit for the fourth quarter of 2019. This is a decrease from SEK 5.88bn for the same period in 2018, but higher than the SEK...

Sweden: Few persons with Baltic knowledge in Swedbank and SEB management

27.1.2020
Even though Swedish banks such as Swedbank and SEB have struggled with money laundering suspicions in the Baltic States, they only keep few persons with experience from the region in their...

UK: Charities warned to make cyber security a top priority

27.1.2020
A report by the NCVO highlights cyber security as a top priority for charities in the year ahead. It points out that many charities are using outdated systems and tools, making them vulnerable to...

UK: Nottingham couple sentenced over attempted fraud

27.1.2020
A couple from Nottingham have been found guilty of insurance fraud. Chaudhary Saghir and his wife Tanzilla were sentenced to 30 months and 12 months in prison. Tanzilla's sentence has been suspended...

Sweden: Head of money laundering redeployed

27.1.2020
Head of the money laundering department at the Swedish Financial Supervisory Board (Finansinspektionen) has been redeployed as advisor at the authority. He has previously been criticised by employees...

Ireland: Judge orders Ryanair to pay legal costs incurred by former COO

27.1.2020
According to a ruling from Justice Senan Allen in Ireland, Ryanair must pay some of the legal costs incurred by former COO Peter Bellew. The Ireland-based carrier will have to pay Bellew's legal...

Russia: Rosselkhoznadzor of Irkutsk region holds 69 inspections of dairy firms

27.1.2020
In 2019, the Russian agricultural watchdog, Rosselkhoznadzor, of Irkutsk region (Siberia) carried out 69 inspections in enterprises engaged in production, processing and sale of milk. According to...

Poland: Country ranked 41st in Corruption Perceptions Index from TI

26.1.2020
Poland has fallen from 36th place to 41st place out of 180 countries in the 2019 Corruption Perceptions Index published by Transparency International (TI). Only ten countries in the EU are ranked...

Denmark: Minister promises reform of AML and anti-terrorism funding efforts

24.1.2020
Nick Hækkerup, Danish Minister of Justice, has announced that the time has come to reform Denmark's money-laundering and anti-terrorism funding efforts. The announcement follows criticism from the...

Spain: Madrid High Court rules on Deliveroo riders case

24.1.2020
The High Court of Justice in Madrid has said that 532 Deliveroo riders are "false self-employed workers." The court has ruled that they are in fact workers that are subject to a labour relation with...

Austria: Fake bank notes fall by 31.8%

24.1.2020
The number of fake bank notes in circulation in 2019 was down 31.8% compared to 2018 in Austria. A total of 7,977 notes were taken out of circulation. The most common fake note was the EUR 50 with a...

EU: Decline in proportion of counterfeit banknotes

24.1.2020
According to the ECB, some 308,000 counterfeit euro banknotes were seized in 2019. Most of these were EUR 20 (USD 23.07) and EUR 50 notes. This number of counterfeit banknotes seized represents a...

Sweden: Arla's adverting of cheese considered misleading

24.1.2020
The Swedish Advertising Ombudsman (Reklamombudsmannen) has condemned Arla's adverts for its cheese Apetina Paneeer as misleading. This since Arla on its Facebook site claimed that the cheese is...

Lithuania: Over 200 new sales outlets for illicit cigarettes opened in 2019

23.1.2020
The number of new sales outlets for illicit tobacco products opened in Lithuania totalled 204 in 2019, which was 10% more than in 2018, BNS reported. Kestutis Kupsys, head of the local NGO, Lithuania...

Balkans: Bosnia ranked worst on corruption index in 2019

23.1.2020
According to the Transparency International, Bosnia dropped by 11 places to 101st position on its Corruption Perception Index (CPI) in 2019. Bosnia received 36 points out of 100, or the worst...

Estonia: Positive assessment of financial watchdog by IMF

23.1.2020
Estonia's Financial Supervisory Authority received a positive assessment regarding anti-money laundering activities by the International Monetary Fund (IMF). The IMF stated that non-resident deposits...

Czech Republic: Country falls six places in 2019 Corruption Perceptions Index

23.1.2020
The Czech Republic has fallen by six places in the 2019 Corruption Perceptions Index (CPI) published by Transparency International. The country now ranks 44th out of 180 countries around the globe....

Slovakia: Country ranked 59th in Corruption Perceptions Index from TI

23.1.2020
Slovakia has been ranked 59th in the global 2019 Corruption Perceptions Index form Transparency International (TI), down two places on 2018 and scoring just 50 out of a possible 100 points. Only...

Serbia: Progress made against money laundering

23.1.2020
MANIVAL, Council of Europe's control body, has reported that Serbia has made significant progress to prevent money laundering by adopting various measures that have been recommended by the FATF -...

CIS/Georgia/Baltic: Transparency International publishes its ranking

23.1.2020
According to Transparency International, the best performance in the corruption perceptions index for former Soviet republics has been shown by Estonia (holds the 19th place), Lithuania (35th), and...

Lithuania: Ranking on global corruption perception index up in 2019

23.1.2020
Lithuania ranked 35th out of 180 countries on Transparency International's Corruption Perception Index in 2019, which was up from 38th place in 2018, BNS reported. Lithuania scored 60 out of 100...

Slovakia: More companies register in tax havens in 2019

23.1.2020
The number of Slovak companies registering in tax havens is continuing to rise, with 4,996 firms currently using tax havens, setting a new record. The largest growth in tax haven use in 2019 was in...

Croatia: Indictment begins against Zagreb's former gov't officials

22.1.2020
Municipal Civil Court of Zagreb has confirmed that an indictment has been launched against several former government officials of Zagreb regarding various irregularities related to the city's...

Slovakia: Trnka's accusation in case of Tipos lottery laundering withdrawn

21.1.2020
The accusation of the former General Prosecutor Dobroslav Trnka in case of money laundering in Slovak state lottery operator Tipos have been withdrawn. He was also accused of abusing his power of...

Slovakia: Korytnica mineral water producer heading for bankruptcy

20.1.2020
The legendary Slovak mineral water producer Korytnica is heading for bankruptcy due to debts to its employees. Around 14 staff have not received yet their pay worth EUR 30,000 (USD 34,603). The...

Lithuania: Corruption declined, still major problem in 2019: survey

17.1.2020
Corruption in Lithuania continued to decline in 2019, the Special Investigation Service (STT) reported. According to a Vilmorus poll for STT, 10% of the general public said they had paid a bribe in...