Edition:
United Kingdom

Kirstin Ridley

UK freezes bank account linked to Azerbaijani Laundromat

12 Dec 2018

LONDON British investigators have frozen a bank account linked to a multi-billion dollar Azerbaijani money-laundering scheme that a network of investigative reporters has alleged rinsed dirty money mainly through four, UK-registered shell companies.

Collapse of Tesco re-trial casts cloud over British fraud agency

06 Dec 2018

LONDON The UK Serious Fraud Office (SFO) defended itself on Thursday against criticisms of "serious failings" after the collapse of a high-profile re-trial of former Tesco executives, insisting the prosecution had been in the public interest.

Collapse of Tesco re-trial casts cloud over British fraud agency

06 Dec 2018

LONDON The UK Serious Fraud Office (SFO) defended itself on Thursday against criticisms of "serious failings" after the collapse of a high-profile re-trial of former Tesco executives, insisting the prosecution had been in the public interest.

Danske investors bank on Maersk clan to chart course through crisis

05 Dec 2018

LONDON/COPENHAGEN Danske Bank's top investors are looking to Denmark's Maersk family to steer the country's largest lender through the turmoil of a 200 billion euro ($227 billion) money laundering scandal.

Self-styled "trader" jailed over British investment scam

30 Nov 2018

LONDON A self-styled British trader who conned financial experts and some of his closest friends out of millions of pounds in a nine-year investment scam was sentenced to five years in jail by a London court on Thursday.

RPT-NEWSMAKER-Wary whistleblower casts light on dark Danish drama

28 Nov 2018

COPENHAGEN/LONDON, Nov 27 When Howard Wilkinson was given a tablet as a gift from a client and his boss did not respond to questions about what he should do with it, the Briton sold it and donated the proceeds to the Tallinn Childrens' Hospital in Estonia.

Wary whistleblower casts light on dark Danish drama

27 Nov 2018

COPENHAGEN/LONDON When Howard Wilkinson was given a tablet as a gift from a client and his boss did not respond to questions about what he should do with it, the Briton sold it and donated the proceeds to the Tallinn Childrens' Hospital in Estonia.

BHP prepares for UK legal battle over 2015 Brazil dam failure

22 Nov 2018

LONDON Mining giant BHP says it will fight an unprecedented English lawsuit filed by hundreds of thousands of Brazilians for multi-billion pound damages over Brazil's worst environmental disaster.

UK banks fail to assess, escalate whistleblower reports consistently - FCA

14 Nov 2018

LONDON Most banks in Britain are not assessing and escalating whistleblower concerns consistently and some need to improve arrangements to protect those who lift the lid on wrongdoing from victimisation, the markets regulator said on Wednesday.

Danske money laundering scandal is 'tip of iceberg', whistleblower's lawyer says

13 Nov 2018

LONDON Danske Bank's 200 billion euro (£173.9 billion) money laundering scandal might be the "tip of the iceberg" and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said.

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