Banker stands trial for fraud
A bank’s branch sales director who snatched a document for a gang trying to swindle Dhs1.4m iron supports from a…
Fraud & Ethics
710 articles found
Money laundering: AB Bank ex-chairman M Wahidul Haque at ACC
The interrogation started at ACC headquarters around 9:00am, commission’s Press Relations Officer Pranab Kumar Bhattacharya told The Daily Star …
Ex-Embraer exec pleads guilty in Saudi bribes case
A former executive at Brazilian aircraft manufacturer Embraer pleaded guilty on Thursday for his role in bribing a Saudi official…
IFM Investors raises $2.15bn in Europe and the Middle East
IFM Investors, one of the world’s largest infrastructure managers, says it has raised $2.15bn from 29 investors in Europe and…
Crown Prince Wreaks Havoc
Saudi Crown Prince Mohammed bin Salman, 32, took to the stage at the palatial Ritz-Carlton in Riyadh on October 24…
Gold dealer implicates Turkey’s president in corruption scheme
A Turkish gold trader testified Thursday that he was told his scheme to move billions of dollars in Iranian oil…
New Middle East Investor for CS?
Credit Suisse may be gaining another secretive Middle East investor, according to a new report. The move comes as Qatar…
QIIB stresses safety of its systems
Qatar International Islamic Bank (QIIB) has confirmed the safety of its systems and that they are not easy to penetrate,…
Tackling financial crime with real-time detection
After the Central Bank of Oman issued a draft circular early this year requiring banks to have a robust fraud…
Saudi Corruption Purge Snares $33 Billion of Net Worth in Riyadh
Crown Prince Mohammed bin Salman’s crackdown on some of Saudi Arabia’s richest and most powerful men has put $33 billion…
It Feels Like A Battlefield These Days In Saudi Arabia
In a brief video clip that circulated on Saudi social media last week, Crown Prince Mohammed bin Salman described his…
New measures on combating money laundering, terror funding
Justice, Islamic Affairs and Endowments Minister Shaikh Khalid bin Ali Al-Khalifa issued edict 64 of 2017 stipulating the commitments of…