The 2013 International Narcotics Control Strategy Report (“INCSR“) published this month by the U.S. Department of State, particularly volume I on the drug trafficking trade, is more favourable of Canada than the last two years, primarily as a result of the enactment in Canada of the Omnibus Crime Bill C-10, know as the Safe Streets and [...]
The shares of Beijing-based Soho China, a premier commercial development company, fell 11% this week after allegations surfaced in China that the company may be involved in money laundering associated with the sale of 41 Soho China properties to Shanxi banking official Gong Aiai for approximately HK$1 billion. Ms. Gong was arrested in China for [...]
In what is seen as a positive move in support of Canada’s anti-terrorism laws and extradition law for terrorism and money laundering charges, the Supreme Court of Canada today refused an appeal by Suresh Sriskandarajah from the Ontario Court of Appeal upholding an order for his extradition to the United States to face charges of [...]
According to a news report in the Economic Times of India, Indian billionaire Lalit Modi, the commissioner of the Indian Premier League, is the subject of a government report prepared by the Income Tax Department of India that alleges he may be connected to money laundering and the fixing of cricket games. The report apparently alleges that [...]
According to a report in the South China Morning Post, police arrested Lin Chiu, an investor in the Neptune Group Limited for allegedly money laundering. The Neptune Group, a publicly traded company, is said to own 70% of the Hong Kong-based gambling cruise ship called "Neptune" and operates VIP junkets to casinos in Macau, including [...]