Cross-national Loans under the microscope

The European institutions have been urged to investigate transnational loans. This, it is argued, would boost transparency in the way such business is conducted across countries and continents. There are, currently, concerns about the conduct of some business entities with regard to compliance with European Union directives, rules and regulations. One case which has been…

Major Green success: Commission recommends revolution in combating anti-money laundering

While the newly elected Commission President Ursula von der Leyen is still busy with recruiting members for her college, the existing EU Commission outlined future priorities in the field of anti-money laundering (AML). The ne Communication ‘Towards a better implementation of the EU’s AML/CTF framework’ gives an overview of the four reports published this week…

Improvements Needed in Tackling Fraud with Regional Funding

Despite improvements over recent years, EU Member States’ efforts to tackle fraud in cohesion spending remain too weak, according to a new report from the European Court of Auditors. Member States’ assessments of the effectiveness of their anti-fraud measures are too optimistic, say the auditors. Detection, response and coordination still need substantial strengthening to prevent,…

Wanted Man – The story of Mukhtar Ablyazov

The story of Mukhtar Ablyazov

Mukhtar Ablyazov, has been described by the British press as “the world’s richest fraudster” . His story begins in 1963 in a modest village in the southern region of Kazakhstan, and it takes us across continents, through bedrooms and boardrooms, courtrooms and prison cells, to the lofty heights of the U.S. Presidency. This book, subtitled…