Paul Manafort, former chairman of Donald Trump’s presidential campaign, is now alleged to have handled many hundreds of millions of the corrupt dirty money of the former President of Ukraine Viktor Yanukovych. For this he has been accused in the United States of money laundering, a charge he has denied. …
A former finance minister of Romania spoke in hushed tones yesterday of his regret at the UK’s impending departure from the EU. His reason was the loss to the EU of the UK’s security apparatus and facilities. He acknowledged that the British people had spoken, but he could not disguise …
Airbus in talks to settle fraud claims for £1 billion NICK KOCHAN Friday 15 September 2017 12:02 0 comments The Serious Fraud Office and French prosecutors are in close discussion over the terms of a £1 billion-plus settlement for Airbus over corruption allegations. The deal, called a Deferred Prosecution Agreement …
In our age of insecurity, and threat, it is easy to make the assumption that security interests trump all. But is it so simple? The status of the UK’s relationship to Europol and to other European police and intelligence agencies remains uncertain as the date for departure from the European …
Very interesting disclosure by Amber Rudd that there may be no connection between Parsons Green bomber and IS. This confirms my previous view that the tube bomb was uncharacteristically amateurish for the terror group While we know nothing at this moment about the nature of the bomber, lone actors who …
IS are on the run from their self-declared Caliphate in Syria/Iraq. The movement’s mission is shattered. Yet some minds still live the dream and are prepared to turn it into a nightmare for the innocent. The difference between the time when the mission was in tact and now is that …
The Serious Fraud Office and French prosecutors are in close discussion over the terms of a £1 billion-plus settlement for Airbus over corruption allegations. The deal, called a Deferred Prosecution Agreement (DPA), would be the largest ever in Europe, after a year-long investigation into irregular payments by Airbus to intermediaries. The …
In my last blog I observed that the systems that banks use to find the funds of the terrorist groups are largely pointless, on the grounds first that terrorist funding takes place in the cash economy, second, that the funds needed for each outrage are small. But this doesn’t mean …
This is the first Blog of Nick Kochan. It comes on a day when some Islamic terrorists have driven a van into numerous people in Barcelona. Terrorist financing will be a recurrent theme of this Blog. But the limitation of this form of scrutiny must be understood. The financing of …
Jul 18 2017 Nick Kochan, published in ThomsonReuters Compliance Complete Companies seeking out-of-court settlements in Belgium will face demands for greater transparency following the publication, expected towards the end of the year, of a report drawn up by a committee of 18 parliamentary representatives. One key finding will be the …
