Tweet Predictions for 2023 in financial crime Where is financial crime heading? Where will enforcement be focused? With financial crime costs rising for law enforcement, investigations, compliance and reporting, and the number of predicate criminal offenses and sanctions lists increasing, the ability of financial crime sector organizations and governments to respond is shrinking. 2022 changed […]
Tweet They have been called many things – mercenaries, irregular forces, private military contractors (PMC), and private security companies (PSC) – whatever the phrase, PMCs have been around for a very long time. The war in Ukraine recently brought the use of private soldiers into focus – Russia has hired at least three such groups, […]
Tweet The government of Nigeria obtained an asset seizure order in a Quebec Court to restrain a jet made by Bombardier, a Canadian airplane manufacturer that makes luxury jets for the elite of the world. The application in furtherance of the asset seizure was for a politically exposed person (“PEP“) from Nigeria, a former government […]
Tweet Kola Aluko, a Nigerian energy mogul, is allegedly under investigation for money laundering in Nigeria. Among other things, Aluko is one of the founders of Made in Africa (MiAF), a foundation for infrastructure projects across Africa which, in 2013, joined the African Development to launch the Africa50 Fund on NASDAQ, Africa’s largest infrastructure investment vehicle. […]