Investigations

Investigations (2)

Monday, 02 December 2013 22:39

ATM Fraud

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ATM Fraud in Middle East banks

On 19th November 2013, it was announced that six persons was arrested and charged for ATM fraud of 45 US$ in Middle East banks.

Sources: Reuters, Computerworld, ZDNet, South China Morning Post, Wall Street Journal, New York Times, Voice of America, CNN.

Monday, 02 December 2013 22:06

Bribery and corruption investigation

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Weatherford International Ltd

On 28th November 2013, it was announced that Weatherford International Ltd., a major oil and gas services provider will pay the US government almost US$253 million as part of a bribery and corruption investigation settlement. The bribes are related to Congo and Iraq business operations.

Sources: Bloomberg, Washington Post, Upstream Online, Koki Fox, Daily Journal, New York Times,

 

 

 

UK corruption

On 23rd November 2013, it was announced that Attorney General Dominic Grieve has said that corruption problem in some minorities’ communities in UK.

Source: BBC, The Nation, The Times, Telegraph, The News International, The Independent, Business Standard