Impact
Cape Verde will close banks that serve only foreign customers, including one partly owned by Angolan billionaire Isabel dos Santos.
Judge Carlos Alexandre has ordered the seizure of all Isabel dos Santos’ assets in Portugal, including lucrative stakes in various companies and luxury properties.
Following Bribery Division, a Peruvian prosecutor requested three years in prison for former Peruvian first lady Nadine Heredia for alleged corruption connected with Brazilian construction firm Odebrecht.
Portugal will likely freeze proceeds from the expected sale of Isabel dos Santos’ $200 million stake in EuroBic.
A Dutch court has dismissed a case brought by a trust company against journalists who reported on Angolan billionaire Isabel dos Santos as part of the Luanda Leaks investigation.
A Massachusetts accountant should spend up to nine years behind bars for helping U.S. residents to evade taxes and launder money over almost two decades, prosecutors told a New York City courtroom on Friday.
Prosecutors are seeking jail time for Harald Joachim von der Goltz, who said he was “profoundly sorry” as he pleaded guilty to a range of financial crimes.
Portugal is the latest to take action against Africa’s richest woman, Isabel dos Santos, seizing dozens of her bank accounts.
A U.S. taxpayer will plead guilty to tax evasion and money laundering offenses in relation to the 2016 investigation.
Vladimir Romanov allegedly looted millions of dollars from a failed bank that will now be clawed back.