Mena task force lauds Qatar’s measures in anti-money laundering
Qatar has said it is committed to the highest standards of anti-money laundering and combating the financing of terrorism (AML/CFT)…
Fraud & Ethics
711 articles found
Be alert against bank frauds
Fraudulent financial and banking practices are growing worldwide, posing a real threat to electronic financial dealings, said Talaat Hafiz, secretary…
Kuwait government denies corruption allegations
Kuwait's government on Wednesday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds…
Kuwait government disputes corruption claims
Kuwait’s government yesterday disputed allegations by the opposition that tens of billions of dollars were stolen from public funds by…
Bahrain’s GFH in Legal Spat With ex-Leeds United Director David Haigh
Bahrain’s Gulf Finance House has become entangled in a dispute with a former executive at its Dubai-based private equity unit…
Israel's Bank Leumi to pay $289 mln in US tax probe deal
Bank Leumi, Israel's second largest bank, said on Sunday it was close to a deal to pay nearly 1 billion…
Barclays' faces a £300m lawsuit from Amanda Staveley over Abu Dhabi deal
Barclays faces a £300million lawsuit from Amanda Staveley the hotshot deal maker who helped broker the bank’s emergency fundraising with…
Qatar 2022 bid committee instruct Schillings over World Cup bribery claims
The Qatari bid committee is understood to have turned to Schillings for advice following allegations of corruption during the World…
ACC Expands to Middle East Region
The Association of Corporate Counsel, a global bar association representing more than 33,000 in-house counsel, and Corporate Counsel Middle East…
Cyber crime a hot topic at Gulf security conference
More than 3,000 trade visitors from 51 countries and more than 100 exhibitors from information-security companies and brands are expected…
Ex-Barclays chiefs face Serious Fraud Office probe over Qatari fundraising
Two former Barclays chief executives are among 12 ex-employees being interviewed under caution by the Serious Fraud Office (SFO) in…
Former Islamic bank GC arrested in Dubai over Leeds United sale allegations
The former general counsel of Islamic bank Gulf Finance House (GFH) Capital David Haigh has been arrested in Dubai, reportedly…