Greece blocked EU's 21st sanctions package due to threat to billionaire Georgy Prokopiou's business
According to the Financial Times, Greece opposed the European Union's 21st sanctions package, which includes a ban on transporting Russian liquefied natural gas to third countries, reportedly to protect shipping company Dynagas owned by Greek businessman Georgy Prokopiou. Greece's ambassador stated the transit ban would effectively destroy the company, delaying the sanctions package by at least a week as EU approval requires unanimous support.
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Bribery & corruption
Ex-Fifa officials renew calls to wipe convictions
Former FIFA officials convicted in the DOJ's landmark corruption probe into the football governing body are seeking to vacate their convictions after the agency abandoned a related prosecution. Legal representatives described this as an extremely rare form of post-conviction relief.
Fraud & scams
Italy: EPPO indicts six suspects in fraud investigation involving sustainable mobility project
The European Public Prosecutor's Office in Bologna indicted six individuals for fraud involving misappropriation of €2,841,430 in EU funding for a LIFE programme sustainable mobility project in Tuscan municipalities.
Sanctions
US Treasury Freezes $130M in Crypto Assets Linked to Iran
The U.S. Treasury froze approximately $130 million in cryptocurrency assets allegedly connected to Iran's Islamic Revolutionary Guard Corps, an organization the U.S. designates as a terrorist group. According to the report, this action reflects escalating sanctions pressure amid heightened U.S.
Money laundering
Kuwait court sentences commerce employee to 15 years in raffle manipulation and money laundering case
Kuwait's Court of Appeal issued its final ruling in one of the country's largest commercial raffle manipulation and money laundering cases, according to judicial sources.
Bribery & corruption
Hüseyin Can Güner Detained: Support Message from Mansur Yavaş
Ankara's Çankaya District Mayor Hüseyin Can Güner was arrested on charges including forming a criminal organization, membership in criminal organization, bribery, and bid rigging.
Fraud & scams
"Pay me in cash and you'll get a loan": Bank Masad branch manager suspected of defrauding customers
A branch manager at Bank Masad in northern Israel was arrested on suspicion of defrauding dozens of customers by demanding cash payments in exchange for loan approvals over several years.
Other
International Finance Corporation watchdog in turmoil following scathing report on microfinance in Cambodia
The Compliance Advisor Ombudsman (CAO), the World Bank Group's internal accountability mechanism, found that the International Finance Corporation (IFC) violated its own environmental and social safeguard policies when financing microfinance lenders in Cambodia.
Money laundering
Nine Venezuelan Nationals Plead Guilty in Sex Trafficking and Money Laundering Case
Nine Venezuelan nationals pleaded guilty to human trafficking, alien smuggling, and money laundering involving a sex trafficking operation based in Nashville, Tennessee motels.
Bribery & corruption
Former senior Securities Authority official: Yeshurun was not interrogated with caution because Ben-Ari said no charges would be filed against him
Attorney Eran Sham-Shavit, who served as legal advisor to the Securities Authority's investigations unit during Case 4000 investigations, testified in Prime Minister Benjamin Netanyahu's corruption trial.