Included in this issue; Ex-Prime Minister of Mauritius under investigation by UK anti-corruption unit | U.N. Officials under US federal probe over bribery allegations linked to Macau real estate | Virginia businessman sentenced to 7 years in $30m government bribery scheme | U.N. to probe bribery allegations | Former PetroChina Chairman Sentenced to 16 Years for Corruption | Dewey Fraud Trial Jury Still Talking After Partial Verdicts | Ex-U.N. General Assembly head and five others face U.S. bribery case | U.S. Chases Swiss Bank Secrets to Singapore and Israel and more.

Bribery and Corruption

Ex-Prime Minister of Mauritius under investigation by UK anti-corruption unit

UK anti-corruption investigators targeting high-profile world figures have been asked to investigate the finances of a former Mauritian Prime Minister, Navin Ramgoolam, after £4 million in cash was discovered at his home.

The Independent, 4 October 2015

U.N. Officials under US federal probe over bribery allegations linked to Macau real estate

US federal authorities are investigating a scheme in which officials at the United Nations were allegedly bribed for their support to develop real estate in Macau.

International Business Times, 6 October 2015

Virginia businessman sentenced to 7 years in $30m government bribery scheme

A Virginia businessman was sentenced to seven years in prison for his role in the largest domestic bribery and bid-rigging scheme in federal contracting history. The scheme paid some $30 million in bribes to US Army officials in exchange for lucrative contracts.

UPI, 10 October 2015

U.N. to probe bribery allegations

United Nations Secretary Ban Ki Moon has requested that the organisation's Office of Internal Oversight Services launch an internal investigation into its relationship with two foundations, the Global Sustainability Foundation and the Sun Kian Ip Group, which are at the centre of a bribery investigation.

UN News Centre, 8 October 2015

Former PetroChina Chairman Sentenced to 16 Years for Corruption

Jiang Jiemin, former chairman of China National Petroleum Corp, China's biggest oil producer, has been sentenced to 16 years in prison for taking bribes and abuse of power.

Mr Jiemin is not appealing the sentence.

Bloomberg, 12 October 2015

Dewey Fraud Trial Jury Still Talking After Partial Verdicts

Three former senior executives at the failed law firm Dewey & LeBoeuf LLP have been acquitted of charges that they falsified business records, but are still awaiting a verdict on counts of fraud, larceny and conspiracy.

Bloomberg, 7 October 2015

Ex-U.N. General Assembly head and five others face U.S. bribery case

John Ashe, a former U.N. ambassador from Antigua and Barbuda, a billionaire Macau real estate developer and four others have been charged for engaging in a wide-ranging corruption scheme.

Reuters, 7 October 2015

U.S. Chases Swiss Bank Secrets to Singapore and Israel

41 Swiss banks have signed amnesty agreements this year with the U.S. Justice Department, providing information to allow U.S. investigators to build new cases against institutions and individuals in other countries.

Bloomberg, 9 October 2015

Cyber Crime

Ex-Tribune Employee Convicted in Los Angeles Time Hack

A former Tribune Media Co. employee, Matthew Keys, was convicted of helping the Anonymous hacking collective gain access to the Los Angeles Times website to alter a story. Mr Keys may face up to 25 years in prison and a $750,000 fine.

Bloomberg, 14 October 2015

Health & Safety

£200k corporate manslaughter fine after worker dies in wall collapse

A building firm, Linley Developments, has been sentenced for the corporate manslaughter of a worker who was crushed when a structurally unsound wall collapsed. Both the managing director and project manager have been given suspended prison sentences for breaching CDM regulations.

SHP, 7 October 2015

LPG supplier fined following tanker gas leak

An LPG supplier was fined £25,000 after a large leakage from a tanker caused the emergency services to evacuate 15 people from nearby houses.

Health and Safety Executive, 9 October 2015

Agency worker suffers injuries from unguarded machinery

A furniture manufacturer was fined £20,000 after a worker, on only his fourth day of work, suffered injuries to his hand while cleaning an unguarded machine.

Health and Safety Executive, 12 October 2015

Sentence after man dies in industrial blender

Rettenmaier UK Manufacturing Limited, a pellet manufacturer, has been fined £200,000 and ordered to pay costs of £100,000, after an employee was killed after being pulled into an industrial blender.

Health and Safety Executive, 13 October 2015


Soma says UK probe is causing significant financial damage

Soma Oil & Gas Holdings Ltd said an investigation by the UK Serious Fraud Office (SFO) caused the company "significant financial and reputational damage". The SFO raided Soma's London office on 31 July 2015 as part of its investigation into payments to Somali officials.

Bloomberg Business, 6 October 2015

Zuckerberg faces fraud charges in Silicon Valley trial

Mark Zuckerberg moved closer to a trial over a developer's lawsuit, who has alleged that the billionaire committed fraud by reneging on a promise to introduce him to Silicon Valley's elite as part of a land deal.

Bloomberg Business, 1 October 2015

Libor trial of six city brokers begins

Six city brokers have gone on trial accused of rigging a lending rate used between banks. All have pleaded not guilty to the charge of conspiracy to defraud by trying to move the rate linked to the Japanese yen.

BBC News, 6 October 2015

Libor interest rate-rigging scandal: British bankers' trial begins in US

Two British bankers, Anthony Allen and Anthony Conti, previously of Rabobank, will on Tuesday become the first people to stand trial in the US over allegations of Libor interest rate rigging. Both have pleaded not guilty.

The Guardian, 12 October 2015

Richard Clay and Kathryn Clark sentenced over £50m investment scam

Two fraudsters have been sentenced over the Arck LLP property investment scam in which more than 800 investors lost their savings to non-existent land developments overseas.

BBC News, 9 October 2015

Money Laundering

Uganda Football Association investigated for money laundering

The Uganda Football Association (FUFA) is being investigated for alleged money laundering by the Uganda Financial Intelligence Authority (UFIA). FUFA's accounts had been frozen but they have since been re-opened pending further investigation.

BBC Sport, 3 October 2015

Nigeria's ex-oil minister reportedly arrested in London for money laundering

Various reports say that Mrs Alison-Madueke is one of five people the UK National Crime Agency has arrested in relation to bribery and money laundering offences. During her time as minister, it was alleged that $20 billion of oil money had gone missing.

The Independent, 3 October 2015

Deutsche Bank to invest more to prevent money laundering – executive

Deutsche Bank plans to invest more in technology to prevent money laundering, according to the head of the division that processes its transactions. Werner Steinmueller said "The regulatory requirements are rising, this is a big challenge for all banks".

Reuters, 2 October 2015

Six arrested in Bank of Baroda money laundering probe

Authorities arrested six people, including two employees of state-run Bank of Baroda, in a probe into the suspected laundering of about 60 billion rupees ($922 million) through one of its branches.

Reuters, 13 October 2015


OECD unveils corporate tax avoidance proposals

Companies should pay tax in the countries where they conduct business under new proposals intended to cut corporate tax minimisation. Between $100 billion and $240 billion is lost annually as a result of shifting profits to low-tax jurisdictions.

BBC News, 5 October 2015

Revealed: how AstraZeneca avoids paying UK corporation tax

Pharmaceuticals group, AstraZeneca, defends use of legal avoidance scheme after paying no UKcorporation tax over two years despite global profits of £3 billion.

The Guardian, 4 October 2015

Online VAT fraud: Calls for government crackdown grow louder

Calls to crack down on companies selling goods online in the UK without declaring VAT have gathered pace. A Tory donor has voiced concerns that the practice is damaging UK business. Lord Lucas is also understood to have backed the calls to address the growing problem of sellers.

The Register, 8 October 2015

South Africa's deputy president involved in corporate tax dodging allegation - this time it's with MTN

Allegations that Africa's largest mobile network, MTN, was involved in a tax avoidance scheme have been published by amaBhungane, an investigative journalism organisation and Finance Uncovered.

It is alleged that the scheme occurred at a time when South Africa's deputy president, Cyril Ramaphosa, was Chairman of the company.

Quartz, 13 October 2015

Lionel Messi to stand trial for tax fraud in Spain

Argentina and Barcelona footballer Lionel Messi and his father are accused of defrauding Spain of more than €4m (£3.1m; $5m). They deny any wrongdoing.

BBC News, 8 October 2015


European Court of Justice Strikes Down Data Transfer Agreement between the United Statesand European Union

In Schrems v Data Protection Comm'r, the European Court of Justice decided to strike down the "SafeHarbour" international agreement that has enabled companies to move individuals' personal data between the European Union and the United States since 2000.

Please see the attached articles from Addleshaw Goddard LLP and Miller & Chevalier.

Addleshaw Goddard, 8 October 2015

Attached with permission from Miller & Chevalier.

Miller & Chevalier, 6 October 2015

Sepp Blatter: Fifa president facing 90- day suspension

Members of Fifa's ethics committee have recommended the sanction after the Swiss attorney general opened criminal proceedings against Mr Blatter. Mr Blatter is accused of signing a contract "unfavourable" to football's governing body and making a "disloyal payment" to the Uefa president.

BBC Sport, 7 October 2015