Police raided six Deutsche Bank (DBKGn.DE) offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said.
Malaysian prosecutors charged former Prime Minister Najib Razak with 21 counts of money laundering and four counts of abuse of power on Thursday over hundreds of millions of dollars received in his personal bank account.
Malaysia’s embattled former prime minister Najib Razak will be charged on wednesday under a money-laundering act, the anti-graft agency said, in connection with a multibillion-dollar scandal at state fund 1Malaysia Development Berhad (1MDB), Reuters reported.
Russian authorities have harshly criticized a report by British MPs alleging that people close to the Kremlin were hiding and laundering money in the United Kingdom, saying the claims show that anti-Russia rhetoric in Britain has reached unprecedented levels.
Swiss judicial authorities have raided the office of Europe’s largest banking and financial services institution, HSBC, in the city of Geneva, after opening a probe into allegations of aggravated money laundering and tax fraud against the bank.